$100,000,000,000.00 Doesn't Go As Far As It Used To

The government of Robert Mugabe's in Zimbabwe is issuing a brand spanking new K$100 billion note because of the country's inflation rate estimated by many to be more than 2,000,000% a year.

So, what does 2.2 billion Zimbabwean dollars buy you these days?

But Zimbabwe residents say the latest note is already worthless, and does not even cover their daily lunch.

"Nowadays, for my expenses a day, I need about Z$500 billion," one resident said.

"So Z$100 billion can't do anything because for me to go home I need Z$250 billion, so this [note] is worthless."

Zimbabwe was once one of the richest countries in Africa.

But it has descended into economic chaos in recent years, with many international observers blaming the policies of President Robert Mugabe.

Socialism marches on.