One Hundred Trillion Dollars
My client, Catholic Relief Services, has a few expats but overwhelmingly local hires. These Zimbabweans work long hours and face huge obstacles. In a difficult political situation, the economy crashed during the past decade. Hyperinflation means that everybody with savings lost everything. Imagine working for a lifetime, saving for old age, and then waking up to find out that your bank account holds worthless paper. One enterprising guy sells me a 100 trillion dollar Zimbabwean note. To buy bread or a Lion beer, it’s worthless, but for this guy it’s worth $5 today.
