Top 10 Things You Didn't Know About Money
As the U.S. government debuts a new $100 bill on Apr. 21 this one will be redesigned to ward against digital copying and counterfeiting TIME traces the history of banknotes from ancient China to modern cocaine dens. Here are 10 tidbits about money that may surprise you
To deal with hyperinflation that reached the ludicrous level of 231 million % and saw the price for a loaf of bread hit 300 billion Zimbabwean dollars, Zimbabwe's newly formed unity government including bitter opponents President Robert Mugabe and Prime Minister Morgan Tsvangirai issued a $100 trillion note in early January. (One hundred trillion, by the way, is a 1 with 14 zeroes making the note the highest denomination in the world.)
Just weeks later, however, the leaders decided to back-burner the hugely devalued Zimbabwean dollar and began allowing people to do business in other currencies. The move managed to curb inflation for several months until a small uptick in July. One hopes some of those $100 trillion notes didn't get spent all in one place.
See pictures of President Robert Mugabe's reign in Zimbabwe.
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