The catalyst that set the stage for the Hyperinflation in Zimbabwe was in the late 1990s shortly after the confiscation of private farms from white landowners, and the governments being involved in the Second Congo War. As a result of the chaos their economy collapsed and as usual the government turned to the printing press. The last governments official inflation rate in July 2008 was 231,150,888.87%, by the Mid-Nov 2008 the inflation rate was estimated to be 79,600,000,000%. Take a good look at all those zero's, to us outsiders we just think it's ridiculous but to the Zimbabwean people it was utter devastation.
Now the zero's really start to multiply into the trillions.
Why did they use a pile of rocks pictured on the notes?
Because you would have to have rocks in you head to trust government paper.
The last printed note was the largest note ever printed by a government.
If you look at the top left corner it has written I promise to pay the bearer on demand What are they promising to pay?
As with all fiat paper rubbish the governments word isn't worth the paper it's printed on.
Thanks for visiting my post and I hope you liked it.
Have you bought your silver and gold yet?