All of us have been forced to deal with high gas prices and a rising inflation rate. 5.02% is not what we are used to in the United States.
Imagine 2.2 million percent inflation. It is kind of hard to conceive of. I would have a hard time believing that my annual raise would be able to keep up with that type of inflation. Yet in Zimbabwe that is exactly what they are dealing with.
What does that mean for Zimbabwe. It means their dollar is worth almost nothing. It means that their government has just printed a 100 billion dollar bank note. 100 billion Zimbabwe dollars is worth approximately 66 cents.
With just the change in my pocket I am worth well over two hundred billion dollars. I am not even counting the two crusty dollar bills I pulled out of my washing machine. Heck I think I could reach trillionaire status simply by digging under the cushions to my couch.
In Zimbabwe 100 billion dollars can buy two loaves of bread and nothing else. I was complaining the other day because I can not buy wheat bread for under two American dollars.
Zimbabwe at one time had a prosperous economy. A model for other African nations to follow.
The economy has been destroyed by the policies of President Robert Mugabe. No wonder he had to fix the election so he could continue to hold power.
While our situation may be of great concern and has very unpleasant implications for our pocket books hearing numbers like these does give one a new perspective on our problems.
Even with a struggling economy we should not forget that we are living in the greatest nation on Earth.
Dan Bimrose is the creator of coffeeandprozac.com a website devoted to making people think, laugh or cry. Daily Opinions, Editorials, and Stories He suggests dropping bread crumbs so that you can find your way back on a daily basis.
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