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Half way to a billion


Last week I wrote about the new $250 million note that was introduced by the Reserve Bank of Zimbabwe but now a week later a $500 million dollar note has been introduced.

That was a quick doubling of the highest note and now it seems the the billion dollar note will be around the corner and this shows how bad inflation is in Zimbabwe.

And as these new notes are introduced I don't see any signs of anything being done to curb the rampant inflation and so I am now beginning to wonder whether the RBZ will soon have to remove three zeroes or better still six zeroes because the numbers are getting bigger and bigger by the day.

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