Zimbabwe Dollar

"THE ULTIMATE RESOURCE IN ECONOMIC DEVELOPMENT IS PEOPLE. IT IS PEOPLE, NOT CAPITAL OR RAW MATERIALS THAT DEVELOP AN ECONOMY." - PETER DRUCKER ZIMBABWE 100 TRILLION DOLLAR BILL. DUE TO RELENTLESS MONEY PRINTING AND POLITICAL TURMOIL, ZIMBABWE EXPERIENCED A PERIOD OF HYPERINFLATION SPANNING A FEW DECADES THAT CULMINATED IN 2008 WITH THE INTRODUCTION OF THE 100,000,000,000,000 BANKNOTE. CURRENCY IN ZIMBABWE WAS SO DEVALUED THAT YOU NEEDED A BIG STACK OF HIGH DENOMINATION BILLS TO BUY A LOAF OF BREAD, WHEREAS ONLY A FEW SHORT YEARS EARLIER YOU COULD BUY A LOAF OF BREAD FOR LESS THAN ONE ZIMBABWE DOLLAR! AT ONE STAGE A HUNDRED TRILLION DOLLAR NOTE WOULD NOT EVEN COVER A BUS FARE. DUE TO CONTINUING HYPERINFLATION, THE ZIMBABWE DOLLAR WAS DISCONTINUED AND TRANSACTIONS ARE NOW MADE IN VARIOUS OTHER FOREIGN CURRENCIES.