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Legal Commentary

: Res ipsa loquitur

Zimbabwe Issues $100 Billion Note ? Worth Half a Loaf of Bread

By jonathanturley

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Zimbabwe has solved the current problem of people having to cart bags of money to the store to pay for food: it issued a $100 billion note, which will not even buy a loaf of bread in the country. The complete free fall of the Zimbabwe economy has become a textbook example of how [...]

Full post as published by Res ipsa loquitur on July 20, 2008 (boomark / email).

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