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#21
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The Power of (bad) Ideas. Was: Zimbabwe Inflation (update)
On Sun, 20 Apr 2008 22:02:27 +0200, "Victor Manta"
wrote: wrote in message .. . On Sun, 20 Apr 2008 09:11:49 +0200, "Victor Manta" wrote: wrote in message ... On Sat, 19 Apr 2008 22:47:17 +0200, "Victor Manta" wrote: In Nazi concentration camps, as in Russian forced-labor camps, Karl Marx was the presiding genius. In the name of human progress, Marx has probably caused more death, misery, degradation and despair than any man who ever lived. http://www.time.com/time/magazine/ar...3698-1,00.html However, stating that Marx was behind all of that is like saying that I started the Rwandan massacre of 1994. To attribute all of that to Marx's writings is absurd. Even you can realize that. Here is the expression of this power (communist massacres and some related stamps): ... You said "this". You didn't say Marx. Marx wasn't there for any of those events and does not deserve to be chided for his non-action. Non-action, not responsible? Well, what about this stamp: http://www.stamprussia.com/1793b.jpg ? 37th birth anniversary of the Great October Socialist Revolution" (GOSR), USSR, issued 1954. In your oppinion, do Marx + Engels + Lenin + Stalin appear purely by chance on this stamp? I wonder if the term Marxism (!) - Leninism is something you heard about. The stamp is labeled: "The GOSR opened a new era in the history of mankind - the era of communism." New era indeed, even a "great" one (full of crimes agains humanity), the father of communism being... guess who. I guess you didn't read my next post yet. :^) |
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#23
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Zimbabwe Inflation (update)
On Apr 20, 4:13 pm, "David French"
wrote: Well, apparently there is a branch of the Bank of Zimbabwe in London - and it is still open for business!! They regularly run out of banknotes, and had to issue a $10,000,000 note in March - in a hurry. I wonder what you can buy with it now..... David. Zim currency is issued by the Reserve Bank of Zimbabwe. It has no branches in London or elsewhere, except Harare. Private banks may have an office in London. Any accounts in London would be payable in pounds sterling. If you deposited a US dollar, you would get the official exchange rate of Zim $30,000. If you want to buy 1 US dollar, you have to go to the parallel market and pay eighty million ZWD. The Zimbabwean dollar is only traded in Zim or at border posts by cross border traders. There were NEW banknotes (in April) of ZWD 25 and 50 million. Current parallel exchange rate is ZWD 80 million per USD. A loaf of bread is ZWD 20 million. Last I heard, postage on a local letter was ZWD 3 million. It is probably higher now. Blair |
#24
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Zimbabwe Inflation (update)
Well, apparently there is a branch of the Bank of Zimbabwe in London - and
it is still open for business!! They regularly run out of banknotes, and had to issue a $10,000,000 note in March - in a hurry. I wonder what you can buy with it now..... David. Zim currency is issued by the Reserve Bank of Zimbabwe. It has no branches in London or elsewhere, except Harare. Private banks may have an office in London. Any accounts in London would be payable in pounds sterling. If you deposited a US dollar, you would get the official exchange rate of Zim $30,000. If you want to buy 1 US dollar, you have to go to the parallel market and pay eighty million ZWD. The Zimbabwean dollar is only traded in Zim or at border posts by cross border traders. There were NEW banknotes (in April) of ZWD 25 and 50 million. Current parallel exchange rate is ZWD 80 million per USD. A loaf of bread is ZWD 20 million. Last I heard, postage on a local letter was ZWD 3 million. It is probably higher now. Blair What a mess! Are they still issuing stamps, or just overprinting everything? David. |
#25
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(RCSD) Zimbabwe Inflation (update)
On Apr 22, 5:34 pm, "David French"
wrote: What a mess! Are they still issuing stamps, or just overprinting everything? David. For a few years they have had non-denominated stamps plus regular stamps. Non-denominated stamps are : Z (Zimbabwe) http://www.wnsstamps.ch/stamps/ZW019...9.07-full.jpeg A (Africa) http://www.wnsstamps.ch/stamps/ZW020...0.07-full.jpeg E (Europe) http://www.wnsstamps.ch/stamps/ZW021...1.07-full.jpeg and R (Rest of World). http://www.wnsstamps.ch/stamps/ZW022...2.07-full.jpeg Of course they only pay for a basic weight letter. Here are postal rates as of February 12, 2008. I'm not sure if they're higher now. http://www.zimpost.co.zw/postalrates.html Blair |
#26
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Zimbabwe Inflation (update)
The current issue of the Zimnanwe Independent
costs 85 million Zimbabwean dollars, up from Z$55m last week. This Friday the vendors will probably want more than $100m. Blair |
#27
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Zimbabwe Inflation (update)
On Apr 22, 10:24 pm, "Blair (TC)" wrote:
The current issue of the Zimnanwe Independent costs 85 million Zimbabwean dollars, up from Z$55m last week. This Friday the vendors will probably want more than $100m. Blair Update as of Sunday (April 20) A bag of bananas costs Z$150m; a loaf Z$300m. At least, they did a couple of days ago. One housewife said she was buying groceries recently for Z$100m when there was a hitch with her cheque guarantee card. By the time shereturned from sorting it out at the supervisor's desk, her bill had gone up to Z$250m. The widow of a man who worked all his life for the postal service gets a pension of Z$1,295 a month: not enough for a box of matches – possibly not even one match. A note smaller than Z$10m is small change, and anything below one million is simply scrap paper. Who knows what postage rates are today or tomorrow, Blair |
#28
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Zimbabwe Inflation (update)
Strange, you would think Zimbabwe would now rate on this list. http://cjoint.com/data/exfoPqI4JM.htm "Blair (TC)" wrote in message ... The current issue of the Zimnanwe Independent costs 85 million Zimbabwean dollars, up from Z$55m last week. This Friday the vendors will probably want more than $100m. Blair |
#29
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Zimbabwe Inflation (update)
On Wed, 23 Apr 2008 11:16:08 +0800, "rodney"
wrote: Strange, you would think Zimbabwe would now rate on this list. http://cjoint.com/data/exfoPqI4JM.htm That's really wild, considering the USD $ on the global market these days. |
#30
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Zimbabwe Inflation (update)
On Tue, 22 Apr 2008 19:31:50 -0700 (PDT), "Blair (TC)"
wrote: On Apr 22, 10:24 pm, "Blair (TC)" wrote: The current issue of the Zimnanwe Independent costs 85 million Zimbabwean dollars, up from Z$55m last week. This Friday the vendors will probably want more than $100m. Blair Update as of Sunday (April 20) A bag of bananas costs Z$150m; a loaf Z$300m. At least, they did a couple of days ago. One housewife said she was buying groceries recently for Z$100m when there was a hitch with her cheque guarantee card. By the time shereturned from sorting it out at the supervisor's desk, her bill had gone up to Z$250m. The widow of a man who worked all his life for the postal service gets a pension of Z$1,295 a month: not enough for a box of matches – possibly not even one match. A note smaller than Z$10m is small change, and anything below one million is simply scrap paper. Who knows what postage rates are today or tomorrow, Yoiks! Hopefully, when this election poop gets straightened out, maybe a bail out by the IMF or WB will be in the offing. Mugabe MUST go. |
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