View Single Post
  #262   Report Post  
Old June 26th 08, 03:01 AM posted to uk.transport.london,uk.railway,misc.transport.urban-transit
Nobody Nobody is offline
external usenet poster
 
First recorded activity at LondonBanter: Jul 2006
Posts: 91
Default How much was a ticket for the underground in the 60s?


"Hugh Brodie" wrote in message
m...

wrote in message
...
"Hugh Brodie" wrote in message
...

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.