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#1
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(RCSD) Hyperinflation getting worse in Zimbabwe
The following are the almost daily changes
in the number of Zimbabwean Dollars it takes to purchase ONE US Dollar on the parallel market. (The official bank rate trails the parallel market by about one week.) May 2008 190,000,000 (1st) 200,000,000 (6th) 250,000,000 (14th) 315,000,000 (16th) 498,000,000 (22nd) 494,000,000 (23rd) 580,000,000 (28th) 703,000,000 (29th) 777,500,000 (30th) June 2008 971,500,000 (1st) 1,123,000,000 (3rd) 1,221,500,000 (4th) 1,964,500,000 (5th) 2,159,000,000 (6th) 2,601,000,000 (7th) 3,022,000,000 (9th) 4,373,000,000 (10th) 4,912,000,000 (11th) 5,131,000,000 (12th) 6,164,500,000 (13th) 7,263,000,000 (16th) 9,288,500,000 (17th) 13,999,000,000 (18th) 17,169,000,000 (19th) I don't know if these are the current postage rates. (see below) They COULD be changed daily if necessary. They use Z, A, E, and R stamps for mail to Zimbabwe, Africa, Europe and Rest of world. The kast set that I saw had a high face value stamp of ten million dollars, but that was in April. $10 million on May 01 is almost like $ 1 BILLION (one thousand million) today. POSTAGE RATES DOMESTIC Letters Upto20g$150m Over20gto100g$400m Over100gto250g$450m Over250gto500g$500m Over500gto1kg$1.6bn Over1kgto2kg$2.1bn Printed Matter Upto20g$150m Over20gto100g$400m Over100gto250g$420m Over250gto500g$450m Over500gto1kg$1.5bn Over1kgto2kg$2bn Newspapers $150meach(registered) $200meach(unregistered) Library Books $600m per book LITERATURE FOR THE BLIND - FREE I will post International Rates whe I get them assembled and get back home. Blair (2008 June 19) |
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#2
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(RCSD) Hyperinflation getting worse in Zimbabwe
On Jun 19, 11:15 am, Joshua McGee wrote:
On Thu, 19 Jun 2008 08:04:39 -0700, Blair (TC) wrote: (The official bank rate trails the parallel market by about one week.) Is there anyone, then, making a killing shorting Zim dollars on the forex market? Unfortunately, with this precarious a situation in Zimbabwe, "making a killing" may not be simple slang.... -- Joshua H. McGee, Los Angeles, California, USA Member: APS, ATA, ISWSC, AFDCS, MBPC, MCC, BPS President:http://www.penguinstamps.org Trade?:http://www.mcgees.org/stamp-offers/ Joshua: Would you buy "anything" that dropped from 14 Billion per USD to 17.2 Billion per USD in ONE day? I have heard that if folks there see a ten million dollar bill laying on the ground, they just ignore it. Today, ten million ZWD is one-seventeenth of a US cent. Blair |
#3
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(RCSD) Hyperinflation getting worse in Zimbabwe
On Jun 19, 11:04 am, "Blair (TC)" wrote:
The following are the almost daily changes in the number of Zimbabwean Dollars it takes to purchase ONE US Dollar on the parallel market. (The official bank rate trails the parallel market by about one week.) May 2008 190,000,000 (1st) 200,000,000 (6th) 250,000,000 (14th) 315,000,000 (16th) 498,000,000 (22nd) 494,000,000 (23rd) 580,000,000 (28th) 703,000,000 (29th) 777,500,000 (30th) June 2008 971,500,000 (1st) 1,123,000,000 (3rd) 1,221,500,000 (4th) 1,964,500,000 (5th) 2,159,000,000 (6th) 2,601,000,000 (7th) 3,022,000,000 (9th) 4,373,000,000 (10th) 4,912,000,000 (11th) 5,131,000,000 (12th) 6,164,500,000 (13th) 7,263,000,000 (16th) 9,288,500,000 (17th) 13,999,000,000 (18th) 17,169,000,000 (19th) I don't know if these are the current postage rates. (see below) They COULD be changed daily if necessary. They use Z, A, E, and R stamps for mail to Zimbabwe, Africa, Europe and Rest of world. The kast set that I saw had a high face value stamp of ten million dollars, but that was in April. $10 million on May 01 is almost like $ 1 BILLION (one thousand million) today. POSTAGE RATES DOMESTIC Letters Upto20g$150m Over20gto100g$400m Over100gto250g$450m Over250gto500g$500m Over500gto1kg$1.6bn Over1kgto2kg$2.1bn Printed Matter Upto20g$150m Over20gto100g$400m Over100gto250g$420m Over250gto500g$450m Over500gto1kg$1.5bn Over1kgto2kg$2bn Newspapers $150meach(registered) $200meach(unregistered) Library Books $600m per book LITERATURE FOR THE BLIND - FREE I will post International Rates whe I get them assembled and get back home. Blair (2008 June 19) INTERNATIONAL (Surface Rates) AFRICA - LETTERS Up to 20g $900m Over 20g to100g $1.1bn Over 100g to 250g $2.1bn Over 250g to 500g $3.2bn Over 500g to 1kg $3.6bn Over1kg to 2kg $6.4bn AFRICA - PRINTED MATTER Up to 20g $700m Over 20g to100g $950m Over 100g to 250g $1.7bn Over 250g to 500g $2.5bn Over 500g to 1kg $3.1bn Over 1kg to 2kg $5.7bn AFRICA - POSTCARDS $900m each AFRICA - Mail for the Blind FREE ============================= EUROPE - LETTERS Up to 20g $1bn Over 20g to 100g $1.3bn Over100g to 250g $2.1bn Over 250g to 500g $2.9bn Over 500g to 1kg $3.8bn Over 1kg to 2kg $7.2bn EUROPE - PRINTED MATTER Up to 20g $800m Over 20g to 100g $960m Over 100g to 250g $1.7bn Over 250g to 500g $2.4bn Over 500g to 1kg $3.1bn Over 1kg to 2kg $6.3bn EUROPE - POSTCARDS $800m each EUROPE - Mail for the Blind FREE ============================== Rest of the World - LETTERS Up to 20g $1.4bn Over 20g to 100g $3.1bn Over 100g to 250g $4.7bn Over 250g to 500g $7bn Over 500g to 1kg $9.3bn Over 1kg to 2kg $17.4bn Rest of the World - PRINTED MATTER Up to 20g $1.1bn Over 20g to 100g $2.4bn Over 100g to 250g $3.7bn Over 250g to 500g $5.2bn Over 500g to 1kg $6.6bn Over 1kg to 2kg $13.1bn Rest of the World - POSTCARDS $1.4bn each Rest of the World - Mail for the Blind FREE ============================== (Airmail Rates to Follow) Blair (2008 June 19) |
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(RCSD) Hyperinflation getting worse in Zimbabwe
On Jun 19, 2:37 pm, "Blair (TC)" wrote:
On Jun 19, 11:04 am, "Blair (TC)" wrote: The following are the almost daily changes in the number of Zimbabwean Dollars it takes to purchase ONE US Dollar on the parallel market. (The official bank rate trails the parallel market by about one week.) May 2008 190,000,000 (1st) 200,000,000 (6th) 250,000,000 (14th) 315,000,000 (16th) 498,000,000 (22nd) 494,000,000 (23rd) 580,000,000 (28th) 703,000,000 (29th) 777,500,000 (30th) June 2008 971,500,000 (1st) 1,123,000,000 (3rd) 1,221,500,000 (4th) 1,964,500,000 (5th) 2,159,000,000 (6th) 2,601,000,000 (7th) 3,022,000,000 (9th) 4,373,000,000 (10th) 4,912,000,000 (11th) 5,131,000,000 (12th) 6,164,500,000 (13th) 7,263,000,000 (16th) 9,288,500,000 (17th) 13,999,000,000 (18th) 17,169,000,000 (19th) I don't know if these are the current postage rates. (see below) They COULD be changed daily if necessary. They use Z, A, E, and R stamps for mail to Zimbabwe, Africa, Europe and Rest of world. The kast set that I saw had a high face value stamp of ten million dollars, but that was in April. $10 million on May 01 is almost like $ 1 BILLION (one thousand million) today. POSTAGE RATES DOMESTIC Letters Upto20g$150m Over20gto100g$400m Over100gto250g$450m Over250gto500g$500m Over500gto1kg$1.6bn Over1kgto2kg$2.1bn Printed Matter Upto20g$150m Over20gto100g$400m Over100gto250g$420m Over250gto500g$450m Over500gto1kg$1.5bn Over1kgto2kg$2bn Newspapers $150meach(registered) $200meach(unregistered) Library Books $600m per book LITERATURE FOR THE BLIND - FREE I will post International Rates whe I get them assembled and get back home. Blair (2008 June 19) INTERNATIONAL (Surface Rates) AFRICA - LETTERS Up to 20g $900m Over 20g to100g $1.1bn Over 100g to 250g $2.1bn Over 250g to 500g $3.2bn Over 500g to 1kg $3.6bn Over1kg to 2kg $6.4bn AFRICA - PRINTED MATTER Up to 20g $700m Over 20g to100g $950m Over 100g to 250g $1.7bn Over 250g to 500g $2.5bn Over 500g to 1kg $3.1bn Over 1kg to 2kg $5.7bn AFRICA - POSTCARDS $900m each AFRICA - Mail for the Blind FREE ============================= EUROPE - LETTERS Up to 20g $1bn Over 20g to 100g $1.3bn Over100g to 250g $2.1bn Over 250g to 500g $2.9bn Over 500g to 1kg $3.8bn Over 1kg to 2kg $7.2bn EUROPE - PRINTED MATTER Up to 20g $800m Over 20g to 100g $960m Over 100g to 250g $1.7bn Over 250g to 500g $2.4bn Over 500g to 1kg $3.1bn Over 1kg to 2kg $6.3bn EUROPE - POSTCARDS $800m each EUROPE - Mail for the Blind FREE ============================== Rest of the World - LETTERS Up to 20g $1.4bn Over 20g to 100g $3.1bn Over 100g to 250g $4.7bn Over 250g to 500g $7bn Over 500g to 1kg $9.3bn Over 1kg to 2kg $17.4bn Rest of the World - PRINTED MATTER Up to 20g $1.1bn Over 20g to 100g $2.4bn Over 100g to 250g $3.7bn Over 250g to 500g $5.2bn Over 500g to 1kg $6.6bn Over 1kg to 2kg $13.1bn Rest of the World - POSTCARDS $1.4bn each Rest of the World - Mail for the Blind FREE ============================== (Airmail Rates to Follow) Blair (2008 June 19) AIRMAIL RATES (postcards + aerogrammes) ------------------------- Zone Postcard Aerogramme ------ -------------- --------------------- AFRICA $1.0bn each $800m each EUROPE $1.4bn each $1.1bn each REST of WORLD $1.8bn each $1.4bn each ==================================== AIRMAIL RATES (letters and printed matter) ------------------------- Zone Letter Printed Matter + for the Blind ------------ ------------------------- --------------------------- AFRICA Up to10g $1.0bn Up to 10g $800m Over10g to 50g $1.2bn Over 10g to 50g $1.0bn Over 50g to100g $1.5bn Over 50g to 100g $1.3bn Over 100g to 250g $2.1bn Over 100g to 250g $1.6bn Over 250g to 500g $3.8bn Over 250g to 500g $2.6bn Over 500g to 1kg $7.7bn Over 500g to 1kg $5.4bn Over 1kg to 2kg $13.8bn Over 1kg to 2kg $9.8bn EUROPE Up to10g $1.4bn Up to 10g $1.1bn Over10g to 50g $2.1bn Over 10g to 50g $1.5bn Over 50g to100g $3.5bn Over 50g to 100g $2.3bn Over 100g to 250g $4.7bn Over 100g to 250g $3.0bn Over 250g to 500g $8.8bn Over 250g to 500g $5.5bn Over 500g to 1kg $17.7bn Over 500g to 1kg $11.0bn Over 1kg to 2kg $33.0bn Over 1kg to 2kg $20.0bn Rest of World Up to10g $1.8bn Up to 10g $1.4bn Over10g to 50g $2.7bn Over 10g to 50g $2.1bn Over 50g to100g $3.5bn Over 50g to 100g $2.6bn Over 100g to 250g $7.0bn Over 100g to 250g $5.2bn Over 250g to 500g $9.6bn Over 250g to 500g $7,5bn Over 500g to 1kg $18.5bn Over 500g to 1kg $13.7bn Over 1kg to 2kg $36.5bn Over 1kg to 2kg $27.8bn ================================================== ===== Blair |
#5
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(RCSD) Hyperinflation getting worse in Zimbabwe
In a recent message Joshua McGee wrote:
On Thu, 19 Jun 2008 08:04:39 -0700, Blair (TC) wrote: (The official bank rate trails the parallel market by about one week.) Is there anyone, then, making a killing shorting Zim dollars on the forex market? Unfortunately, with this precarious a situation in Zimbabwe, "making a killing" may not be simple slang.... Sadly not. The wife of the Mayor of Harare was found killed after her recent kidnapping. There is talk of invoking the Hague War Crimes Tribunal. The problem is that there has been too much talk without action, and in some quarters (esp. S. Africa) a deadly hush. -- Tony Clayton Coins of the UK : http://www.coins-of-the-uk.co.uk Sent using RISCOS on an Acorn Strong Arm RiscPC .... Documentation is for people who can't read. |
#6
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(RCSD) Hyperinflation getting worse in Zimbabwe
On Fri, 20 Jun 2008 17:25:36 +0100, Tony Clayton
wrote: In a recent message Joshua McGee wrote: On Thu, 19 Jun 2008 08:04:39 -0700, Blair (TC) wrote: (The official bank rate trails the parallel market by about one week.) Is there anyone, then, making a killing shorting Zim dollars on the forex market? Unfortunately, with this precarious a situation in Zimbabwe, "making a killing" may not be simple slang.... Sadly not. The wife of the Mayor of Harare was found killed after her recent kidnapping. There is talk of invoking the Hague War Crimes Tribunal. The problem is that there has been too much talk without action, and in some quarters (esp. S. Africa) a deadly hush. Actually, who could blame them, especially with all of the racial tension down there regarding kicking out the "white man" and so forth from farms. South Africa has had its share of controversy. What truly stinks is that the "white man" has been the prime ignition of most of these scenarios - directly, as in colonization - or indirectly, because the indigenous folk aren't as dumb as some make them out to be. The can of worms is now further open for debate. |
#7
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(RCSD) Hyperinflation getting worse in Zimbabwe
On Jun 20, 1:18*pm, wrote:
On Fri, 20 Jun 2008 17:25:36 +0100, Tony Clayton wrote: In a recent message Joshua McGee wrote: On Thu, 19 Jun 2008 08:04:39 -0700, Blair (TC) wrote: (The official bank rate trails the parallel market by about one week..) Is there anyone, then, making a killing shorting Zim dollars on the forex market? *Unfortunately, with this precarious a situation in Zimbabwe, "making a killing" may not be simple slang.... Sadly not. *The wife of the Mayor of Harare was found killed after her recent kidnapping. *There is talk of invoking the Hague War Crimes Tribunal. The problem is that there has been too much talk without action, and in some quarters (esp. S. Africa) a deadly hush. Actually, who could blame them, especially with all of the racial tension down there regarding kicking out the "white man" and so forth from farms. *South Africa has had its share of controversy. What truly stinks is that the "white man" has been the prime ignition of most of these scenarios - directly, as in colonization - or indirectly, because the indigenous folk aren't as dumb as some make them out to be. The can of worms is now further open for debate.- Hide quoted text - - Show quoted text - I know very little about the Zimbabe way of life but would like to know why the economy has turned to crap after the white man left. 17bn for one US dollar is unbeliveable. Ralphael, the OLD one |
#8
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(RCSD) Hyperinflation getting worse in Zimbabwe
On Fri, 20 Jun 2008 13:39:45 -0700 (PDT), Ralphael1
wrote: On Jun 20, 1:18*pm, wrote: On Fri, 20 Jun 2008 17:25:36 +0100, Tony Clayton wrote: In a recent message Joshua McGee wrote: On Thu, 19 Jun 2008 08:04:39 -0700, Blair (TC) wrote: (The official bank rate trails the parallel market by about one week.) Is there anyone, then, making a killing shorting Zim dollars on the forex market? *Unfortunately, with this precarious a situation in Zimbabwe, "making a killing" may not be simple slang.... Sadly not. *The wife of the Mayor of Harare was found killed after her recent kidnapping. *There is talk of invoking the Hague War Crimes Tribunal. The problem is that there has been too much talk without action, and in some quarters (esp. S. Africa) a deadly hush. Actually, who could blame them, especially with all of the racial tension down there regarding kicking out the "white man" and so forth from farms. *South Africa has had its share of controversy. What truly stinks is that the "white man" has been the prime ignition of most of these scenarios - directly, as in colonization - or indirectly, because the indigenous folk aren't as dumb as some make them out to be. The can of worms is now further open for debate.- Hide quoted text - - Show quoted text - I know very little about the Zimbabe way of life but would like to know why the economy has turned to crap after the white man left. 17bn for one US dollar is unbeliveable. Some critics believe that Mugabe's land reforms are one of the underlying causes of the inflation. There are many troubles for this country and HIV is a big contender. Although I don't have all the "facts", klepotocratic nations sometimes wind up in the crapper, such as Congo / Zaire had done in the past under Mobutu. Not really too much better for the common Congolese today. I can only - maybe not - imagine what living like this is for the common man. All I can say is this: when the colonial masters left or were tossed out, the remaining folk had a lot of work to do with sometimes no infrastructure. When you try to raise a house up on a shaky foundation, you don't get a mansion. Plenty of info out there for all to read about this and other African mismanagement, especially the constant need for the IMF and World Bank to bail these countries out of the muck and mire when concessionaires are still raping the countries. It's a no win situation for the indigenous peoples of Africa. My .02 political cents, which wouldn't even register on a Zimbabwe abacus. |
#9
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(RCSD) Hyperinflation getting worse in Zimbabwe
On Sat, 21 Jun 2008 08:15:15 -0700, Sir F. A. Rien
wrote: found these unused words: On Fri, 20 Jun 2008 13:39:45 -0700 (PDT), Ralphael1 wrote: On Jun 20, 1:18*pm, wrote: On Fri, 20 Jun 2008 17:25:36 +0100, Tony Clayton wrote: In a recent message Joshua McGee wrote: On Thu, 19 Jun 2008 08:04:39 -0700, Blair (TC) wrote: (The official bank rate trails the parallel market by about one week.) Is there anyone, then, making a killing shorting Zim dollars on the forex market? *Unfortunately, with this precarious a situation in Zimbabwe, "making a killing" may not be simple slang.... Sadly not. *The wife of the Mayor of Harare was found killed after her recent kidnapping. *There is talk of invoking the Hague War Crimes Tribunal. The problem is that there has been too much talk without action, and in some quarters (esp. S. Africa) a deadly hush. Actually, who could blame them, especially with all of the racial tension down there regarding kicking out the "white man" and so forth from farms. *South Africa has had its share of controversy. What truly stinks is that the "white man" has been the prime ignition of most of these scenarios - directly, as in colonization - or indirectly, because the indigenous folk aren't as dumb as some make them out to be. The can of worms is now further open for debate.- Hide quoted text - - Show quoted text - I know very little about the Zimbabe way of life but would like to know why the economy has turned to crap after the white man left. 17bn for one US dollar is unbeliveable. Some critics believe that Mugabe's land reforms are one of the underlying causes of the inflation. There are many troubles for this country and HIV is a big contender. Although I don't have all the "facts", klepotocratic nations sometimes wind up in the crapper, such as Congo / Zaire had done in the past under Mobutu. Not really too much better for the common Congolese today. I can only - maybe not - imagine what living like this is for the common man. All I can say is this: when the colonial masters left or were tossed out, the remaining folk had a lot of work to do with sometimes no infrastructure. When you try to raise a house up on a shaky foundation, you don't get a mansion. Plenty of info out there for all to read about this and other African mismanagement, especially the constant need for the IMF and World Bank to bail these countries out of the muck and mire when concessionaires are still raping the countries. It's a no win situation for the indigenous peoples of Africa. My .02 political cents, which wouldn't even register on a Zimbabwe abacus. Most of Africa has been a history of tribal warfare and slavery [black on black, arab on black - whites were the 'end users']. Only the despised "white man" brought some order to some places. But all things being equal, they never change. Once each 'country' settles, then there'll be border fighting and then ...! Don't forget the wonderful Russian influence over many years teaching them about rebellion! Yes, yes. The Cold War tactics, especially in the Congo. They could just about taste that sumptuous morsel but didn't get a chance to do so. The rebellions in Angola and Mozambique ring up the "reds". Bottom line in most of these escapades is a "white man" in the mix, which makes the indigenous peoples of Africa "his burden". Tribal warfare was tribal warfare and nothing near as the war - yes war - of 1997. Zimbabwe sent in troops to the Congo, as well as Angola and Uganda, to name a few. Close to 5 million people died as a direct or indirect result of that "tribal feud". What did the white man do? Set up resettlement camps for the Interahamwe and other rebel groups to raise hell. This is, of course after pillaging Katanga for how many years? I used to turn an eye from this area but have focused much more keenly - still not on top of it - than ever before. Stamp collecting has afforded me a way to travel there and not actually go. To be honest, if the strife weren't soooo bad there, I'd think about volunteering services to teach the Congolese about computers and IT. I'd have to hone up mon français and maybe a little Lingala, but why not? Knowledge is power. Power is what they didn't have. White man gone, power returned. Learned power games from white man. Use power games. Usually fail with power games, because the ties to the rest of the world are quite finite and slight. Learn a lesson? Not often, but some bright shining stars have appeared. Far too many times these stars were snuffed before they truly had a chance to shine. |
#10
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(RCSD) Hyperinflation getting worse in Zimbabwe
On Sat, 21 Jun 2008 10:41:32 -0700, Sir F. A. Rien
wrote: found these unused words: Tribal warfare was tribal warfare and nothing near as the war - yes war - of 1997. Tell that to the tribe that was mostly wiped out and the rest enslaved by the 'neighboring' tribe. Yes, but there's a difference between a tribe and 5 million people. Usually a tribe isn't that big. Well, Rodney may have some clan down under we do not know of yet. Learn a lesson? Not often, but some bright shining stars have appeared. Far too many times these stars were snuffed before they truly had a chance to shine. It will remain so as long as the current 'power' can keep the populace servile and unable to obtain means for peaceful governing. One clique will replace another, but never for the general people's benefit! That is what they learned from their colonizers. |
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