Originally posted by David9176
"... Could this be where the US is headed?"

Yes, exactly. And not only the currency is getting more and more “Zimbabwe-like”, but also our increasingly corrupt political system.

My dad took us out of Zim in 1979 ... he said at the time that it would not be a place for his children to prosper. How right he was.

I live in South Africa and it is amazing to see how many hard working Zimbabwean folk are working here illegally, saving every penny to buy basic necessities to send back to families back home. Some turn to crime, but the vast majority just want to work and care for their loved ones. No job is too menial.

The 100 trillion note is mind boggling - and as a novelty item I would love to have one ... will have to ask my dad's sister to send me one so I can frame it and hang it in my study.

Sadly, in a months time it will be worth a fraction of it's current value, and they will be issuing larger denominations or slashing zeros again.

Zimbabwe, the jewel of Africa has turned out to be nothing but an empty dust bowl of broken dreams and promises. Let's hope South Africa's leaders see sense and don't follow the same route.

Governments will often try to disguise the true rate of inflation through a variety of techniques. These can include the following: Outright lying in official statistics such as money supply, inflation or reserves. Suppression of publication of money supply statistics, or inflation indices. Price and wage controls. Forced savings schemes, designed to suck up excess liquidity. These savings schemes may be described as pensions schemes, emergency funds, war funds, or something similar. Adjusting the components of the Consumer price index, to remove those items whose prices are rising the fastest.

After looking at the link and reading this section, it dawned on me.

How much has the Fed really printed? Would they tell truth? What am i saying...lol..of course they wouldn't!

Makes me wonder how bad it has really become....

Originally posted by David9176
"I can't even imagine .... That's almost mindboggling to even think it's possible."

Well, really? Maybe mindboggling for you, but not for me. I usually favor the 100 quintillion notes over the 50 trillions ones. This way my wallet doesn't get too weighty.



(...just joking - regrettably, he, he)

Originally posted by David9176

"... Would they tell truth? What am i saying...lol..of course they wouldn't! Makes me wonder how bad it has really become....

Btw nice avatar. Actually the gov has brains, but they use it to destroy. They WANT to destroy the currency, the system, the country. Ok that may sound beyond belief, but we must try to see through what's actually happening today, and try to connect the dots. For instance: why has the gov been secretly building hundreds of underground facilities and bunkers throughout the US? Because they fear the Chinese army...? But unfortunately, most people won't ever connect the dots.

[edit on 17-1-2009 by CoolBlackHole]