Zimbabwe Introduces $100 Billion Banknote

Zimbabwe is currently a reflection of the United States during the 1930s. An economic depression occurred during those years in America and the world. This pretty much sums it up:

“Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even.” -Richard M. Salsman   

People had to bring wheelbarrows full of cash to the local store just to purchase a loaf of bread; this new bill can’t even buy Zimbabweans a loaf of bread, but about 4 oranges. Zimbabwe is fighting a losing battle. Ever since Zimbabwe’s independence from Britain in 1980, this African nation has suffered an official inflation rate of 2.2 million percent.  And because of that, they are trying to compete with the U.S. dollar by creating a 1,000,000,000 Zimbabwean dollar bill which is equal to 1 US dollar. This bill is apparently for the convenience of the banking public and the corporate sector of Zimbabwe. Gideon Gono, governor of the Reserve Bank of Zimbabwe, gave the following statement Friday over the concern for the economical future of Zimbabwe:

“The RBZ has noted with concern the unjustifiable and incessant general increases in prices of goods and services. It is therefore appealing to the business community to follow ethical business practices as well as take an interest in the plight of the general public.”   

With the possibility of the U.S. market crashing within the near future, we might need a practical bartering system. Either that or we must use real money (rather than paper receipts [bills]). And by real money, I mean silver and gold. Feel free to comment and be sure to check out EveryHumanHasRights.org to do your best to speak out and protect the freedom and rights of others on this planet!