SlideShare una empresa de Scribd logo
1 de 22
ZIMBABWE

INFLATION
hasnain baber (c)
One 200,000 dollar note equals less than US $0.10 ce
hasnain baber(c)
December 22nd 2007, a new note of 500,000 dollars introduced to the
hasnain baber(c)
Next - 750,000 dolla

hasnain baber(c)
January 2008 – a new note of 10 million dollars. baber(c)
hasnain
This US $10 dollar
note is 10 times
worth more than
the 10 million
dollars Zimbabwe note

hasnain baber(c)
This guy is going to a supermarket.
The exchange rate is 25 million
Zimbabwe dollars for 1 US dollar.

hasnain baber(c)
This mountain of cash is worth 100 US Dollars.
hasnain baber(c)
The 50 Million dollar note is then introduced!
hasnain baber(c)
Next is the 250 million dollar note !
hasnain baber(c)
Sorry, how much is this t-shirt?
- It’s cheap, only about 3 billion dollars!
hasnain baber(c)
May 2008 - a note of 500 million dollars is introduced!
hasnain baber(c)
June 2008 - notes worth 25 and 50 billion dollars are printed.
hasnain baber(c)
And finally – a 100 billion dollar note!
What can you buy for it? Well, 3 eggs for example.
hasnain baber(c)
Paying the bill in a restaurant!
hasnain baber(c)
In August, the government devalued the Zimbabwe dollar by removing 10 zeros

hasnain baber(c)
However, inflation kept
going up and in
September 2008
for this amount of cash
you could only buy
4 tomatoes.

hasnain baber(c)
And for this - a loaf of bread.

hasnain baber(c)
And then it started all over again:

a 20,000 dollar note in Septemb
hasnain baber(c)
Then came a 50,000 Dollar note…….The 500,000 and 1,000,000 (new currency) notes
have been released 11 November 2008 courtesy www.zimbabwesituation.com
The country's currency plunged to a new record low, trading at an average
Z$28,4 quadrillion to the US dollar and triggering massive price increases.
The hyperinflation is now estimated at over a quintillion percent, although no one
really knows.

hasnain baber(c)
All of which explains this notice
in the toilets….
THE END

hasnain baber(c)

Más contenido relacionado

Destacado

1.1-1.2 Descriptive and Inferential Statistics
1.1-1.2 Descriptive and Inferential Statistics1.1-1.2 Descriptive and Inferential Statistics
1.1-1.2 Descriptive and Inferential Statistics
mlong24
 
Scale construction babita
Scale construction babitaScale construction babita
Scale construction babita
Babita Thapa
 
Multivariate Analaysis of Variance (MANOVA): Sharma, Chapter 11 - Bijan Yavar
Multivariate Analaysis of Variance (MANOVA): Sharma, Chapter 11 - Bijan YavarMultivariate Analaysis of Variance (MANOVA): Sharma, Chapter 11 - Bijan Yavar
Multivariate Analaysis of Variance (MANOVA): Sharma, Chapter 11 - Bijan Yavar
Bijan Yavar
 
Reliability & validity
Reliability & validityReliability & validity
Reliability & validity
shefali84
 
Bivariate analysis
Bivariate analysisBivariate analysis
Bivariate analysis
ariassam
 
Lecture 3 measurement, reliability and validity (
Lecture   3 measurement, reliability and validity (Lecture   3 measurement, reliability and validity (
Lecture 3 measurement, reliability and validity (
La Islaa
 
Univariate, bivariate analysis, hypothesis testing, chi square
Univariate, bivariate analysis, hypothesis testing, chi squareUnivariate, bivariate analysis, hypothesis testing, chi square
Univariate, bivariate analysis, hypothesis testing, chi square
kongara
 
Univariate & bivariate analysis
Univariate & bivariate analysisUnivariate & bivariate analysis
Univariate & bivariate analysis
sristi1992
 
Multivariate data analysis
Multivariate data analysisMultivariate data analysis
Multivariate data analysis
Setia Pramana
 

Destacado (20)

Bivariate
BivariateBivariate
Bivariate
 
Reliability & validity
Reliability & validityReliability & validity
Reliability & validity
 
Bivariate
BivariateBivariate
Bivariate
 
Cluster analysis
Cluster analysisCluster analysis
Cluster analysis
 
1.1-1.2 Descriptive and Inferential Statistics
1.1-1.2 Descriptive and Inferential Statistics1.1-1.2 Descriptive and Inferential Statistics
1.1-1.2 Descriptive and Inferential Statistics
 
Scale construction babita
Scale construction babitaScale construction babita
Scale construction babita
 
Multivariate Analaysis of Variance (MANOVA): Sharma, Chapter 11 - Bijan Yavar
Multivariate Analaysis of Variance (MANOVA): Sharma, Chapter 11 - Bijan YavarMultivariate Analaysis of Variance (MANOVA): Sharma, Chapter 11 - Bijan Yavar
Multivariate Analaysis of Variance (MANOVA): Sharma, Chapter 11 - Bijan Yavar
 
Reliability & validity
Reliability & validityReliability & validity
Reliability & validity
 
Bivariate analysis
Bivariate analysisBivariate analysis
Bivariate analysis
 
Lecture 3 measurement, reliability and validity (
Lecture   3 measurement, reliability and validity (Lecture   3 measurement, reliability and validity (
Lecture 3 measurement, reliability and validity (
 
Likert scale
Likert scaleLikert scale
Likert scale
 
Descriptive statistics and Inferential Statistics
Descriptive statistics and Inferential StatisticsDescriptive statistics and Inferential Statistics
Descriptive statistics and Inferential Statistics
 
Searching the Literature: Search Techniques and Construction
Searching the Literature: Search Techniques and ConstructionSearching the Literature: Search Techniques and Construction
Searching the Literature: Search Techniques and Construction
 
Univariate, bivariate analysis, hypothesis testing, chi square
Univariate, bivariate analysis, hypothesis testing, chi squareUnivariate, bivariate analysis, hypothesis testing, chi square
Univariate, bivariate analysis, hypothesis testing, chi square
 
Questionnaire Construction
Questionnaire ConstructionQuestionnaire Construction
Questionnaire Construction
 
Univariate & bivariate analysis
Univariate & bivariate analysisUnivariate & bivariate analysis
Univariate & bivariate analysis
 
Semantic differential
Semantic differentialSemantic differential
Semantic differential
 
Multivariate Analysis
Multivariate AnalysisMultivariate Analysis
Multivariate Analysis
 
Multivariate Data Analysis
Multivariate Data AnalysisMultivariate Data Analysis
Multivariate Data Analysis
 
Multivariate data analysis
Multivariate data analysisMultivariate data analysis
Multivariate data analysis
 

Más de Hasnain Baber (20)

Cultural differences india travel_guide
Cultural differences india travel_guideCultural differences india travel_guide
Cultural differences india travel_guide
 
The eoq model
The eoq modelThe eoq model
The eoq model
 
Why oil prices failing
Why oil prices failingWhy oil prices failing
Why oil prices failing
 
Measure of dispersion
Measure of dispersionMeasure of dispersion
Measure of dispersion
 
Time series
Time seriesTime series
Time series
 
India at a glance (economy)
India at a glance (economy)India at a glance (economy)
India at a glance (economy)
 
Index number
Index numberIndex number
Index number
 
Consumer price index number
Consumer price index numberConsumer price index number
Consumer price index number
 
Material handling
Material handlingMaterial handling
Material handling
 
Plant layout
Plant layoutPlant layout
Plant layout
 
Material handling
Material handlingMaterial handling
Material handling
 
Quasi contracts
Quasi contractsQuasi contracts
Quasi contracts
 
Web advertsisng
Web advertsisngWeb advertsisng
Web advertsisng
 
Sales compensation
Sales compensationSales compensation
Sales compensation
 
Non verbal communication
Non verbal communicationNon verbal communication
Non verbal communication
 
MIS
MISMIS
MIS
 
Govt intervention in economy
Govt intervention in economyGovt intervention in economy
Govt intervention in economy
 
Facility management companies
Facility management companiesFacility management companies
Facility management companies
 
Bond markets
Bond marketsBond markets
Bond markets
 
Service IN TOUR ND TRAVEL
Service IN TOUR ND TRAVELService IN TOUR ND TRAVEL
Service IN TOUR ND TRAVEL
 

Último

Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
kauryashika82
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
ciinovamais
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
Chris Hunter
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
QucHHunhnh
 

Último (20)

Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Class 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfClass 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdf
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 
fourth grading exam for kindergarten in writing
fourth grading exam for kindergarten in writingfourth grading exam for kindergarten in writing
fourth grading exam for kindergarten in writing
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
PROCESS RECORDING FORMAT.docx
PROCESS      RECORDING        FORMAT.docxPROCESS      RECORDING        FORMAT.docx
PROCESS RECORDING FORMAT.docx
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 

Zimbabwe's inflation

  • 2. One 200,000 dollar note equals less than US $0.10 ce hasnain baber(c)
  • 3. December 22nd 2007, a new note of 500,000 dollars introduced to the hasnain baber(c)
  • 4. Next - 750,000 dolla hasnain baber(c)
  • 5. January 2008 – a new note of 10 million dollars. baber(c) hasnain
  • 6. This US $10 dollar note is 10 times worth more than the 10 million dollars Zimbabwe note hasnain baber(c)
  • 7. This guy is going to a supermarket. The exchange rate is 25 million Zimbabwe dollars for 1 US dollar. hasnain baber(c)
  • 8. This mountain of cash is worth 100 US Dollars. hasnain baber(c)
  • 9. The 50 Million dollar note is then introduced! hasnain baber(c)
  • 10. Next is the 250 million dollar note ! hasnain baber(c)
  • 11. Sorry, how much is this t-shirt? - It’s cheap, only about 3 billion dollars! hasnain baber(c)
  • 12. May 2008 - a note of 500 million dollars is introduced! hasnain baber(c)
  • 13. June 2008 - notes worth 25 and 50 billion dollars are printed. hasnain baber(c)
  • 14. And finally – a 100 billion dollar note! What can you buy for it? Well, 3 eggs for example. hasnain baber(c)
  • 15. Paying the bill in a restaurant! hasnain baber(c)
  • 16. In August, the government devalued the Zimbabwe dollar by removing 10 zeros hasnain baber(c)
  • 17. However, inflation kept going up and in September 2008 for this amount of cash you could only buy 4 tomatoes. hasnain baber(c)
  • 18. And for this - a loaf of bread. hasnain baber(c)
  • 19. And then it started all over again: a 20,000 dollar note in Septemb hasnain baber(c)
  • 20. Then came a 50,000 Dollar note…….The 500,000 and 1,000,000 (new currency) notes have been released 11 November 2008 courtesy www.zimbabwesituation.com The country's currency plunged to a new record low, trading at an average Z$28,4 quadrillion to the US dollar and triggering massive price increases. The hyperinflation is now estimated at over a quintillion percent, although no one really knows. hasnain baber(c)
  • 21. All of which explains this notice in the toilets….