Zimbabwe wins

Jonathan Reynolds writes:

A while back, I asked if Zimbabwe had “won” the unfortunate honor of having the world’s largest banknote. One of our sharp readers, Timothy Abbot, pointed out that this distinction went to Yugoslavia with a 500 Billion note.

Well, according to this International Herald Tribune story , Zimbabwe has blown the top off the record with a 100 TRILLION Zim dollar note. . .  The Mugabe regime now qualify as the most incompetent economic managers in modern history. Congrats, guys — it’s a hard won title, but well deserved.

(Via Instapundit.)

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