YOU’VE HEARD STORIES ABOUT the absurd inflation in Zimbabwe. Well, it’s now gone to the sublime: the government just printed a 100-trillion-dollar note.

[courtesy of assetstrategies.com]

This is an authentic $100 trillion bill, so feel free to print the image and use it. After all, an existing government has manufactured pieces of paper with these embedded images and declared them as genuine currency in its country. It is currently circulating them to its citizens who are to use them to buy goods and services. It’s not backed by anything, but it is money because the government says it is.

The problem is, no merchants in Zimbabwe will accept them. If you own one of these bills, you can’t do much with it. You can’t even buy a loaf of bread with this bill (and that’s if you can find a loaf of bread). The government on that particular plot of soil has been so reckless with its policies that its own money is worthless.

Thank goodness dollar devaluation or currency inflation could never happen to us. I mean, yes, our government also manufactures pieces of paper and declares them official currency, but the images on ours are much more superior. And sure, our government circulates this as currency, but I can buy plenty of loaves of bread – heck, I bought a week’s worth of groceries with mine! And I know that our dollars aren’t backed by anything, either, but our government would never do anything so careless as to dilute them.

No, our country is much more responsible. Our government is debt-free, has a balanced budget, promotes a free-market society, keeps a strong currency by absolutely refusing to print more currency, doesn’t take dollars from some to bail out others who make mistakes with theirs, and only takes from its citizens what is absolutely necessary in taxes. Whew.

I mean, if they did any of those things, I’d probably do something completely absurd, like buy gold and silver coins. And can you imagine the horror of our government doing all of those things at the same time? Adding to the fright would be if other countries threatened to stop buying dollars from us because of our irresponsibility – well, I count my lucky stars that foreigners are so supportive of our currency. No, those people who buy gold and silver are antiquated, out-of-touch individuals on the fringes of society.

The dollar losing value or the idea of inflation coming to our country is just a scare tactic. That will never happen here. The dollar’s fine. Besides, the stock market is going up, so party on, dudes!

It’s terribly sad what’s going on in Zimbabwe, after the hyper inflation of their currency it is now worthless. The people are starving, dying and have begun to search for gold in the rivers to survive.

Isn’t it fun to watch the price of life become too high for people to survive.

http://www.zimbabwesituation.com/

Explain wtf is this. I know Germary use $10000 to buy a loaf of bread last time. Now 100 billion for three eggs? I do hope tt becomes Singapore currency =w=. FYI, their 100 trillion is = to US20 .

Er…This is not the note though. This is ONLY 100 billion NIA .

And heres the 50billion note. Count the zero until rotten rite?!

1. The Darfur Crisis – thousands of civilians, women and children, are suffering and most are dying each day, from violence, diseases, and hunger, but no one wants to do anything. The UN seems to have stalled, powerless, or simply doesn’t care anymore, or never cared in the first place. Does China still threaten to veto any UN resolution which could help end the Darfur crisis?

2. The Zimbabwe Crisis – the world community has been barking but not biting at the Zimbabwean government to end the crisis. They want African governments to force Mugabe out of the office, but the fact is this; since Zimbabwe gained independence in 1980 from Britain, Mugabe and his government acted as the guardian and pillar of other African neighboring countries, such as South Africa and Namibia, which helped them gain their independence from the South African Minority Apartheid Regime, thus most African leaders, with the exception to Botswana and Kenya’s opposition Prime Minister, are reluctant to pressure Mugabe to leave the office, because they feel like they still owe Mugabe. In the mean time, the majority of Zimbabweans are suffering. The recent report by BBC News states that about 1,564 people have died in Zimbabwe from Cholera. The country’s inflation is over 231,000,000%, healthcare facilities are non-functional, water in cities doesn’t run any more. Thus the majority of Zimbabweans are fleeing to neighboring South Africa. And what is Mugabe doing? He’s laughing at the West, calling them stupid, probably because they have become idle spectators. Read more at CNN.com.

3. The Somalia Pirates Crisis – welcome to the 8th century Mercantilism, when the Romans and the Greeks used to fight against the pirates, in almost the exact same area off of the coast of Somalia. Did you know that the insurance was invented by a band of British gentlemen in England as a result of ocean storms and pirates against their merchants’ ships to and from the New World? On the coast of present day Somalia, a band of pirates have been capitalizing on seizing foreign ships and cargos in return for hefty ransoms. It was reported that in 2008 alone, they profited over $100 million in ransom payment. What are the world powers; China, US, UK, Germany, etc, doing to end this crazy thing, pretty much nothing. They seem incapacitated by the Somali pirates.

4. Haiti – this is a country in the Western Hemisphere, but it is one of the poorest countries in the world. In November, a school in Haiti collapsed which caused at least 88 school kids to die, with another 150 injured. Not only that the school has caused devastation to Haiti, but many Haitians still live in poverty, and ravaged by all kinds of diseases.

5. The Israel-Palestine Crisis – about 320 Palestinians have died in just less than 3 days as a result of Israel’s all out war against Hamas. Since the recent signing of the Peace deal between Israel and Hamas government, Hamas has been firing rockets inside Israel, killing about 8 Israelis. In response, Israel has waged war against Palestine. Bush has become silent, while PE Obama has been a spectator. Read more at CNN.com.

In all, innocent civilians around the world are dying, children and women are hurting and endlessly suffering. The crisis in the Niger Delta, the Guinea’s recent military coup, coupled by the recent bombing of India’s hotels. Overall, President-elect Obama has a full plate waiting for him starting January 20th.

I haven’t updated this blog in a long time. I have been busy with my classes and new projects. A lot of things have happened since I last wrote on here.

1. History in the making – History has been made; Barack Obama is the Democratic presidential nominee, the first African American in the history of the United States to be nominated as the presidential candidate for a major political party, and the first African American to be elected, yes, elected President of the United States.
   
2. Musharraf – In November 2007, I wrote about Pakistani’s General (ret) PervezMusharraf falling out of favor with Bush, and well, that has certainly come to past. He’s now probably eating crackers and nuts, waiting to see if he might be court martialed.
   
3. China Olympics – China showcased its mighty with the super Olympics opening and closing ceremonies. China has been a closed society; most of us never really know what’s happening inside of China. Although its economy has been sky ballooning, since China recovered from its feudal economic system disaster in the 15^th or 16^th century, to become a communist economic system, it has always been a closed society. But the Beijing Olympic Games have shown the world what China has become, a mixture of powerful capitalist and socialist economy system, the next world economic power.
   
4. NBC Olympics – NBC’s broadcasting of the Olympics games was a disaster, because of its biased broadcasting focus. In the U.S., we barely saw other countries’ athletic performance. NBC simply focused on showing games where American athletes were the dominants, and if not, we never got to see those games. About 12 years ago, NBC paid gazillions to the International Olympics Committee for the exclusive rights to broadcast the Olympics games, and that simply is a sick and cruel monopoly, because, we don’t have any other option in the US to watch the Olympics game, except on NBC. And, even though we might want to watch other Olympics sports, we are forced to simply watch whatever NBC decides to show. The FCC needs to seriously look into this practice.
   
5. Usain Bolt and Michael Phelps – Congratulations to Usain Bolt of Jamaica for being the fastest man on planet earth, and to Michael Phelps for being the fastest creature of the sea. As I watched Bolt running, I could feel that he wasn’t really running to his fullest, and if he did, he could have set a high level of world records which would been hard for anyone to break them. I wonder what sprinter Frankie Frederick of Namibia was thinking about when he was watching Bolt breaking three world records. Also, looking at Michael Johnson in the BBC broadcasting booth, when Bolt broke his record, Michael simply turned around in disappointment.
   
6. The Olympics Economic Disparity – The Olympic Games were not really designed to showcase equal and just competitiveness among the world’s athletes. They are actually stupid, because you have athletes from developed countries, whose full-time career is playing whatever their fields of sports and you have athletes from developing and underdeveloped nations who barely can financially afford to live as their counterparts from developed countries.

   How can American Basketball team competitively play against an Angolan basketball team? All of the American basketball team players are multi-millionaires who chose in what house to live, what to eat and what to drive each day. Whereas perhaps some of the Angolan basketball team may not even play basketball as their full-time career and may have to worry about affording the cost of their living, not even think of what to eat for dinner. May be Angolan basketball team players are well paid and thus well off, but compare to many of the participating countries’ GNP and GDP per capita, it’s ridiculous to call the Olympic Games equally competitive. This can be seen by the countries that win most of the medals. These are the countries that equally able and capable of economically taking good care of their athletes.  This economic disparity among athletes nearly if not completely, makes the Olympics games unequally competitive among the participating athletes. They may as well call them The G8 Olympics.
   

7. Zimbabwe Inflation – What else has been happening? Oh, Zimbabwe is fighting with inner self, getting that inflation rate under control would be something. Last time I checked, about eight months ago, its inflation was at 2.2 million%, wow. But the good thing is that everyone in Zimbabwe might be a millionaire, except when deciding what to buy with the millions might be a factor. You might take your one million and be on your way to the store to buy a loaf of bread, but by the time you get to the store, the price of the loaf of bread has doubled, so you have to run back home and get more millions, and again by the time to get to the store, the price has gone up again, so the process keeps repeating itself. So, is Zimbabwe the latest country to experience a hyperinflation?
   
8. Oprah Winfrey – If I ever see Oprah Winfrey, I’ll pat her on the back; she must be the happiest person on planet earth right now. Oprah is the real deal. Whatever she touches turns to gold. Nearly two years ago, Oprah appeared to her audience and to most TV viewers, urging Obama to run for the US presidency, even when Obama didn’t announce that he was interested in exploring the chore. And, there were many people who were lobbying to have Oprah run for the Office, but she said that she was not interested and that she wanted Obama to run. As the time went on, when Obama and Hillary got into their scuffle of the primaries, Oprah found her show running behind such shows as The Ellen DeGeneres Show, as most of her viewers were divided between Obama and Hillary. But, the golden girl has proven otherwise. She’s gold.
   
9. Logo Designing – those who constantly email me asking me about logo design, please visit www.marshgraphicdesigns.com and ask for Lindsay. She’s the best, the god of logo design, in the business.

Well, that’s it for now folks, I gotta go…!

The official rate of inflation in Zimbabwe has increased from 2.2 million percent in May to 11.2 million percent now. However, it is likely even higher than that – one bank claims that inflation is at 20 million percent. The CNN article says that a loaf of bread that cost 200,000 Zimbabwe dollars in February now costs 1.6 trillion dollars (at least it did on Monday).

http://edition.cnn.com/2008/BUSINESS/08/19/zimbabwe.inflation/index.html?iref=mpstoryview