Tuesday, February 16, 2010

What Does One Hundred Trillion Dollars Look Like?


This is a Zimbabwe one hundred trillion dollar bill, which debuted on January 16th, 2009 with a value at the time equivalent to $30.  On April 12th this bill and all other Zimbabwe dollar notes basically became worthless when the Reserve Bank of Zimbabwe legalized the use of foreign currencies.  Maybe Zimbabwe dollars will make a good investment after all, since some individuals are trying to sell these bills as collectables.  We found one site that is asking $20 for each bill.

Thanks to Mike Maroney of Monex.com for the best freebie of the day at the New York City Traders Expo.
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