How much?
I would like to think that this little bastion of capitalism’s readership enjoy better than average remuneration – not so much the fruits of others labours as proper recompense from a free market that accurately prices goods & services. Take for example reader Richard’s December salary cheque…
Sadly however & as the more observant among you will have noticed, Richard is paid in Zimbabwean Dollars.
Forget the Bank of England Monetary Policy Committee’s inflation targets, as failed African dictators economic policies go, that’s real mans inflation. When I was sent this on 19th December, that cheque was worth a tad over US$23 - by now its worth a lot less against just about every major currency you care to mention except Sterling which is fast approaching parity with the Zim $ !
Comments
love the Z$700 at the end of the 15 trillion dollar rate.
Also love the fact that the software can't cope with comma separators > 1million...
Posted by: Cleanthes | January 5, 2009 4:51 PM