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. :^)

On Sun, 20 Apr 2008 22:16:38 GMT, wrote:

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
m...
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. :^)

Also, you seem to have some serious thing against Marx. Whatever it
is, I hope you can move on with life. He's been dead for quite some
time now. So has Hitler, Stalin and Castro is on his way out.

What you FAIL to show us, in fine detail, is how Marx actually killed
anyone with his writing, other than maybe getting a paper cut or 2.

He was dead long before the intelligentsia -or- back alley brute
poseurs took over and twisted a word or 2 to fit in their communist
cookbook.

Your stance is analogous to the writings on Jesus Christ causing the
Crusades. Do you blame Jesus Christ or his Apostles for the Muslims
who have died in the name of Christianity?

Think about it before you answer that one... There are plenty of
other examples in history.

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

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.

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

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

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

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

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.

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.