OSUGT Posted July 19, 2008 Report Share Posted July 19, 2008 http://www.cnn.com/2008/WORLD/africa/07/19/zimbabwe.banknotes/index.html A loaf of bread costs how many million bucks? LOL Quote Link to comment Share on other sites More sharing options...
JaSSon Posted July 19, 2008 Report Share Posted July 19, 2008 100 BILLION zimbabwe dollars = just $1 US????? Holy shit, Monopoly money is worth more! I'm going to move to Zimbabwe and be a..... What's more than a trillionaire? Quote Link to comment Share on other sites More sharing options...
wnaplay1647545503 Posted July 19, 2008 Report Share Posted July 19, 2008 A billion dollars or one cent it doesnt matter what they put on it, if its still not worth shit. Quote Link to comment Share on other sites More sharing options...
LJ Posted July 19, 2008 Report Share Posted July 19, 2008 rofl, inflation at 2.2 million percent Quote Link to comment Share on other sites More sharing options...
HAOLE Posted July 20, 2008 Report Share Posted July 20, 2008 rofl, inflation at 2.2 million percent Dont laugh too much that may happen here! Quote Link to comment Share on other sites More sharing options...
LJ Posted July 20, 2008 Report Share Posted July 20, 2008 Dont laugh too much that may happen here! There would be a run on the USD before that happened, much like what happened in the 70's Quote Link to comment Share on other sites More sharing options...
mmrmnhrm Posted July 20, 2008 Report Share Posted July 20, 2008 Dont laugh too much that may happen here! It already is. If you go by the 1980 definition of CPI, inflation is running between 12-14% What happens when Freddie and Fannie get bailed out? Well, the only way to absorb those kinds of losses is to run the printing press, and conservative estimates put that at $1 trillion. Quote Link to comment Share on other sites More sharing options...
72POS Posted July 20, 2008 Report Share Posted July 20, 2008 Chris, sounds like you have hit the nail on the head. Quote Link to comment Share on other sites More sharing options...
LJ Posted July 20, 2008 Report Share Posted July 20, 2008 It already is. If you go by the 1980 definition of CPI, inflation is running between 12-14% What happens when Freddie and Fannie get bailed out? Well, the only way to absorb those kinds of losses is to run the printing press, and conservative estimates put that at $1 trillion. Like I said, there will be a run on the USD before it happens. Inflation was at 30% in the 1970's when the run on the USD occured. This country would fail before we hit 100% Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.