While I collect my thoughts regarding my last couple of weeks of travel, I thought I would share this mind-boggling story out of Zimbabwe.
It’s hard to fathom what it’s like there at the moment, but this excerpt gives a small glimpse:
Reports from Harare said hyperinflation has also caused a cash shortage because the government cannot print notes fast enough to meet demand. Ordinary people are permitted to draw only Z$100 billion (36p) a day from their banks.
The government has made an exception for soldiers, fearing unrest in the military. They are allowed to take out Z$1.5 trillion a day and the cash is delivered by the banks to the barracks.
For those of you who aren’t familiar with current exchange rates, Z$100 billion is the equivalent of about $0.72 USD. No, the zero in front of the 72 is not a mistake.
