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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (66990)	5/9/2006 5:12:08 PM
From: Wharf Rat	Respond to of 361703

HARARE, Zimbabwe, April 25 -- How bad is inflation in Zimbabwe? Well, consider this: at a supermarket near the center of this tatterdemalion capital, toilet paper costs $417. No, not per roll. Four hundred seventeen Zimbabwean dollars is the value of a single two-ply sheet. A roll costs $145,750 -- in American currency, about 69 cents. The price of toilet paper, like everything else here, soars almost daily, spawning jokes about an impending better use for Zimbabwe's $500 bill, now the smallest in circulation. A while back, in another thread, someone mentioned the investment potential of toilet paper. It didn't really click until I read the above from the May 2nd NYT. theoildrum.com ========================================= Peakguy, My short term financial goal is to have a six months "emergency fund" in my savings account and a six-month "catastrophe fund" in physical gold and silver. If the shit was to really hit the fan like total grid collapse, there would still be commerce/barter/trading and I suspect gold/silver coins and jewelery are as likely to be accepted as anything else. (Liquor, dope, cigarettes, ammo, and condoms other good items.) Best, Matt [ Parent \| Reply to This ] dizzysaurus on Mon Apr 17 at 5:09 PM EST I recommend Toilet Paper. Hundreds of rolls of all qualities ;-) Do you really think it would get that bad? I got swept up in that feeling for a while, but I think "it" will be a fairly slow deepening depression. I don't think we're heading for a cliff's edge just yet. I still have a lot of toilet paper though! theoildrum.com