On Thursday, September 18, 2003, at 08:37 AM, James M. Ray wrote:
http://www.sabcnews.com/Article/PrintWholeStory/0,2160,65959,00.html
Wow. The fastest shrinking economy on the planet! JMR
Wow, so instead of printing pieces of paper and calling them "cash," they are printing pieces of paper and calling them "bearer cheques." Oh, and the pieces of paper called "bearer cheques" EXPIRE on 31-Jan-04. Wow, that sounds like a GREAT deal -- sign me up! I would MUCH rather have a piece of paper called a "bearer cheque" that expires than a piece of paper called "cash" that does not expire. What a great "invention," as they call it.
This is classic:
Banking executives said the only difference between a bearer cheque and a banknote was that the central bank would not call them banknotes, and that they expired on January 31 next year.
Seems to me that in Zimbabwe the terms "cash," "bearer cheque," and "banknote" are all pretty much synonymous with "dog turd," except that a dog turd is much more valuable because you can use it for fertilizer.
Here's another classic from a "bank executive:"
"With inflation now at 427%, it means that five times as much cash is needed now than a year ago,"
Let me get this straight. Because inflation is so high, they need to print up a LOT more cash.
The people of Zimbabwe seem to be living in one of those Hieronymus Bosch paintings of Hell.
-- Patrick
--- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED]
Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
