08/21/06 - 03:16:21 pm
Categories:
Zimbabwe
Spend quickly Zimbabweans! That is the mentality of many in Zimbabwe today. I'm not sure if this is the most appropriate way to deal with the change-over. Granted I don't believe that dropping three zeroes off the end of currency is going to help the economic plight of Zimbabwe either.
I am curious to banking transactions in higher figures. What happens if somebody forgets to convert the much higher number. Since most bank transfers are recorded electronically and not with hard currency, does that mean that a transaction may be mistaken for 1000 times its actual worth. That could be an incredible asset to dictators in power - Rober Mugabe and company.