"The fox knows many things, but the hedgehog knows one big thing."

                --Archilochus

Glenn Reynolds:
"Heh."

Barack Obama:
"Impossible to transcend."

Albert A. Gore, Jr.:
"An incontinent brute."

Rev. Jeremiah Wright:
"God damn the Gentleman Farmer."

Friends of GF's Sons:
"Is that really your dad?"

Kickball Girl:
"Keeping 'em alive until 7:45."

Hired Hand:
"I think . . . we forgot the pheasant."




I'm an
Alcoholic Yeti
in the
TTLB Ecosystem



Tuesday, July 29, 2008

Let the Good Times Roll!

In economic news:
HARARE, Zimbabwe — Zimbabwe's bank chief plans new currency reforms - removing "more zeros" from the plummeting Zimbabwe dollar and raising the limit on cash withdrawals - to tackle the country's runaway inflation and cash shortages, state media reported Sunday.

Previous currency reforms have failed to tame Zimbabwe's inflation - officially pegged at 2.2 million percent a year but estimated by independent analysts to be closer to 12.5 million percent. It also has become virtually impossible to get access to cash as the country's economic collapse worsens.

Authorities last week released a new 100 billion dollar bank note. By Sunday it was not enough even to buy a scarce loaf of bread in what has become one of the world's most expensive - and impoverished - countries.

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Comments on "Let the Good Times Roll!"

 

Anonymous Uncle M said ... (5:10 PM) : 

Can this be far behind:

Washington, DC — The US Federal Reserve plans new currency reforms - removing "more zeros" from the plummeting US dollar and raising the limit on cash withdrawals - to tackle the country's runaway inflation and cash shortages, The Washington Post reported Sunday.

Previous currency reforms have failed to tame US inflation - officially pegged at 2.2 million percent a year but estimated by independent analysts to be closer to 12.5 million percent. It also has become virtually impossible to get access to cash as the country's economic collapse worsens.

Authorities last week released a new 100 billion dollar bank note. By Sunday it was not enough even to buy a scarce loaf of bread in what has become one of the world's most expensive - and impoverished - countries.

 

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