Zimbabwe Knocking 10 Zeros Off The Currency

In a previous post, I mentioned how Zimbabwe is running out of paper to print its hyper-inflated currency.

I read a related article in last Thursday's Chicago Tribune that Zimbabwe is now going to knock 10 decimals off its currency, because computers could no longer cope with basic transactions occurring in billions and trillions of dollars.

Now, 10 billion Zimbabwe dollars will be equal to 1 new Zimbabwe dollar.

Economists expect this money to become worthless soon.