Tag Archives: Zimbabwe

Zimbabwe Hyper-inflation Money

A Day of Many Zeroes

It was an interesting day at work. We had someone in to buy gold, someone in to sell rubbish and someone who came in to waste our time chatting. He was my favourite visitor.

I put some Buffs medals on the internet, starting price 99 pence. They are quite common and the Buffs are not as keenly collected as the Freemasons.

RAOB Medals

RAOB Medals

I’ve photographed more banknotes, as you can see from the examples of Zimbabwean banknotes at the top of the page. They are examples of hyper-inflation money, though the one below is the most mind-boggling of the lot. Hyper-inflation is what you get when you have a megalomaniac clown as head of state. This post won’t sound quite so funny if you are reading it in a few years with Boris still in Number 10 and you have a £50 million note in your wallet.

They say that in Hungary during their hyper-inflation people were advised to pay as they ordered in restaurants and cafés because if they waited until the end of the meal it would have gone up.

Zimbabwe Hyper-inflation Money

Zimbabwe Hyper-inflation Money

One of my friends once sold a Zimbabwean note to an Eastern European with a tenuous grasp of capitalism – he came back twenty minutes later, having tried to exchange it in the nearest bank. Yes, he really thought he could get trillions of dollars by spending a few pounds on a banknote. God loves a tryer, as we often say in the trade.

Apart from that, nothing bad happened, and that counts as a good day the way things are going at the moment.