04 July 2008

Will Zimbabwe run out of banknotes?

One can hope, now that according to the Daily Telegraph the German supplier of paper has cancelled its contract effectively as a political statement against the regime.

"The highest value banknote is worth Z$50 billion - which is presently enough to buy one can of baked beans."

If paper can't be sourced (which seems unlikely) then it may well bring things to a head - unless the regime effectively uses foreign currency amongst itself while impoverishing the public with its worthless "money".

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