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Zimbabwe's troubled central bank introduced new $100 billion banknotes Saturday in a desperate bid to ease the recurrent cash shortages plaguing the inflation-ravaged economy.As high as they are, though, the new bills still aren't enough to buy a loaf of bread. They can only buy four oranges.
The new note is equal to just one U.S. dollar
Once-prosperous Zimbabwe has seen an unprecedented economic meltdown since it gained independence in 1980, with the official inflation rate now at 2.2 million percent.
Originally posted by bismarcksea
Is this what we will see when the Fed Reserve collapses?
www.cnn.com
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