....our poor Zimbabwean brothers and sisters suffer under hyperinflation attributed to Mr Mugabe's reign of terror.
A South African friend of mine at work (Lemac Films) just returned from a Christmas/New Years holiday back in his home country and had this to share about his poor Zimbabwean neighbours.
At the end of 2008:
One 200 000 Zim dollar note (ZWD$) equaled less than USD$0.10 cents
Then, on 22 December 2007, a new note of 500 000 dollars is introduced to the market
Soon, a 750 000 dollar note
By January 2008 - new 10 million dollar notes...
...which at the time of print was worth 10 times less than this USD$10 dollar note
happily on his way to buy a handful of lollies at the corner shop
A case worth 65 billion Zimbabwe dollars equaled about USD$2,000
Off to the supermarket. The exchange rate at the time was 25 million Zimbabwe dollars for USD$1 dollar
This mountain of cash is worth as much as the USD$100 sitting on top of it
The ZWD$50 Million note is then introduced
why stop there tho?? Next up is the 250 million dollar note
"Sorry, how much was this t-shirt again?" "Oh, it's heaps cheap, only about 3 billion dollars"
(notice the sign - "...prices are now shown in millions and billions)
May 2008 - a note of 500 million dollar is introduced
June - notes worth 25 and 50 billion are printed (and the fantastic Mr. Mugabe)
and finally, a 100 billion dollar note
which at the time of printing could buy you these 3 fine eggs
yes, this is indeed how much people have to bring to a restaurant if they're to pay in cash
the bill
On 1 August 2008, the government devalued the Zimbabwe dollar by removing 10 zeros from notes
However, inflation kept going up, and by September for this amount of cash you could only buy around 4 tomatoes
and still a handful of cash for a simple loaf of bread
and then it started again, the 20 000 dollars note in September 2008
and a new 50 000 note newly printed just a few weeks back in the end of 2008
The country's currency plunged to a new record low just this last Monday, trading at an average ZWD$250,599,608,000,000,000.00 to the USD$ (I pulled that figure off xe.com's Universal Currency Converter which we always used at National Geographic Films when I worked there - remember you have to add 10 zeros to the end of the figures given) and triggering massive price increases.
The hyperinflation is now estimated at over 231,000,000%...although no one really knows.
All of which explains the picture of this toilet…
close up:
(if you doubt any of the above, have a read on the following link, and do your own currency conversion from USD$ to ZWD$ on any online currency trading site (ie www.xe.com, www.oanda.com, etc)
http://en.wikipedia.org/wiki/Zim_dollar
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The future of digital still and motion picture capture is being completely rewritten. As I type this at 11:01pm (Australian ET), Jim Jannard, billionaire ex-Oakley sunglasses founder/owner and now CEO of RED Digital Cinema is posting information on the specifications of the new RED Epic and Scarlet cameras. No words can truly define how breathtaking this is for professional photographers and filmmakers the world over.
It was October 2002. I had been married to Kimberly for 6 months, and been off my LDS mission (Australia Sydney South) for nearly a year and a half when in the priesthood session of the LDS General Conference, Elder M. Russell Ballard spoke his everlasting sermon about "raising the bar" for missionaries - in essence, raising the minimum standard, that not any kid who committed wrongful acts could go on a mission. I hadn't committed any grievous acts prior to my mission and this isn't a coming out confession regarding my worthiness pre-mish...rather, perhaps, a confession looking back that I fell trap to the most heinous "crime" a missionary can commit - baptizing people who hadn't been adequately prepared for the long haul.
- Individuals must be better friends with at least one (preferably two or more) "permanent" families (meaning, they own their home or aren't going anywhere anytime soon), than they are with the missionaries teaching them
- After the initial discussion, no lessons are taught without a ward member present (if at all possible), and preferably in one of their homes (this is of course recommended, but I think it should be a rule)
- Read at least 1 Nephi through Alma in the Book of Mormon, showing signs they plan on finishing the entire book in a reasonable time frame
- Fully understand the law of tithing and live it for a month (or two)
- attend Church for at least two months
- participate in fasting for two fast Sundays
- If at all possible, taken to tour the closest temple grounds or visitors center with a family (not the missionaries)
- attend family home evenings with a couple different families