Thursday, March 14, 2013

Who wants to be a billionaire?


How would you like to be a billionaire? It's easy, just move to one of the countries like Zimbabwe, Vietnam or Indonesia.



'Zimbabwe as an example, this country's entire population of over 12,000,000 are billionaires. In fact, many are trillionaires, or even quadrillionaires. in case you're unfamiliar with "quadrillions, " a quadrillion is a million billion, or a 1 followed by 15 zeros.

The least valued currency unit is the currency in which a single unit buys the least number of any given other currency or the smallest amount of a given good. Most commonly, the calculation is made against a major reserve currency such as the euro (EUR) or the United States dollar (USD).

As Americans worry about the rate of inflation exceeding 4 percent, we should consider Zimbabwe, where the inflation rate broke the shocking 100,000 percent mark and the country released a 250 million-dollar note (now valued below $4 on the black market). But Zimbabwe's currency is hardly the only one inflated beyond reason.

Last month, a pint of milk (if you were lucky enough to find one in the store) cost Z$3 billion, a single egg, Z$4 billion. A pound of margarine cost Z$25 billion and a pack of 10 cookies costs Z$19 billion. That was last month. Prices are even higher today.'



We often hear of women who wish to be able to count lots of money, especially of their own, or at least of their husbands'. But having to face with lots of cash to count just to carry out some basic transactions is not really pleasant, is it?



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