Woody Posted March 13, 2009 Share Posted March 13, 2009 Quote: Zimbabwe$1 USD = 642,371,437,695,221,000 Zimbabwean Dollars It's hard to keep track of just how fast the Zimbabwean dollar has fallen since the government reinstated electronic parallel market transfers on Nov. 13, but even before that the currency of Zimbabwe was the most worthless in the world. While the official rate on Monday was 19,393.94 Zimbabwean dollars to the $1 USD, the old mutual implied rate, generated from comparing the Zimbabwe and London stock exchanges, valued the currency at more than 642 quadrillion to one. Can anyone tell me what a "quadrillion" looks like. I just can't wrap my brain around that one. With all the spending that Obama is doing ... I guess we will soon find out. Imagine all the space it would take to bring 642,371,437,695,221,000 Zimbabwean Dollars to the bank so that you could buy ONE US Dollar. How much would that weigh? How much would it cost to hire someone to carry that much money and to provide security just to buy one US dollar. Quote May we be one so that the world may be won. Christian from the cradle to the grave I believe in Hematology. Link to comment Share on other sites More sharing options...
Liz Posted March 13, 2009 Share Posted March 13, 2009 Here ya go A Quadrillion pennies Quote For what will a man be profited, if he gains the whole world, and forfeits his soul? Mat. 16:26Please, support the JDRF and help find a cure for Type 1 Diabetes. Please, support the March of Dimes. Link to comment Share on other sites More sharing options...
Woody Posted March 13, 2009 Author Share Posted March 13, 2009 Wow. Thanks Liz. Can you imagine how much work it would be to go to the bank and purchase one US dollar? I would be exhausted. What is interesting is that you would have to multiply it by 642 in order to get one US dollar. Quote May we be one so that the world may be won. Christian from the cradle to the grave I believe in Hematology. Link to comment Share on other sites More sharing options...
carolaa Posted March 13, 2009 Share Posted March 13, 2009 Obama isn't spending nearly as much as Bush did. Quote Link to comment Share on other sites More sharing options...
Woody Posted March 13, 2009 Author Share Posted March 13, 2009 Ha Ha Ha .... He He He ... Ho Ho Ho Quote May we be one so that the world may be won. Christian from the cradle to the grave I believe in Hematology. Link to comment Share on other sites More sharing options...
Moderators Gerr Posted March 15, 2009 Moderators Share Posted March 15, 2009 Brace yourself. We may very well experience firsthand that Zimbabwe phenomenon when the national debt chickens come home to roast. Quote Link to comment Share on other sites More sharing options...
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