
June 26th 08, 03:01 AM
posted to uk.transport.london,uk.railway,misc.transport.urban-transit
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First recorded activity at LondonBanter: Jul 2006
Posts: 91
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How much was a ticket for the underground in the 60s?
"Hugh Brodie" wrote in message
m...
wrote in message
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"Hugh Brodie" wrote in message
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Speaking of hyper-inflation, it's fun looking at the website of the
Reserve Bank of Zimbabwe http://www.rbz.co.zw to see the daily exchange
rate of the $Z vs the $US. Yesterday, it was 5,817,000,000; today it's
6,718,000,000. They have just issued $Z 50,000,000,000 notes ("bearer
cheques"). And it will cost you $Z 1,800,000,000 to mail a postcard to
the US. http://www.zimpost.co.zw/postalrates.html
It's a shame that there are no images of currently circulating Zimbabwean
notes or coins.
A few notes here - buying a beer in Hara
http://images.google.ca/imgres?imgur...%3Den%26sa%3DG
On the other hand - the Zimbabwe stock market has been one of the best
performing in the world. The industrial index which was at 1,000 a couple
of years ago, is now 5,160,207,611,002.24 .
http://www.herald.co.zw/inside.aspx?sectid=478&cat=8
More big numbers: your average Zimbabwe stock portfolio has tripled since my
last posting - the industrial index is now at 16,421,906,235,086.20 (but
still under $Z 10 billion to the US$) . Good housing is in the $Z 3-5
quadrillion range. Market capitalization of a major local company (Delta) is
$Z 26.2 quintillion. http://www.herald.co.zw/inside.aspx?sectid=653&cat=8
hb.
Yikes, if the situation in ZW weren't as serious as it is, that COULD
be funny.
The average person won't be involved in any stock transactions surely,
but simply be trying to survive.
So sad.
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