News from Zimbabwe: A New $200,000 Note

by on July 31st, 2007

Via BBC News:

Zimbabwe is to start circulating a new 200,000 Zimbabwe dollar note, in a bid to tackle the country’s inflation, the highest in the world. The new note, issued by the Reserve Bank of Zimbabwe from Wednesday, can buy 1kg (2.2lb) of sugar. Food and fuel shortages have become common as the government relies more heavily on imports, pushing prices to new heights. The official annual rate of inflation in Zimbabwe is nearing 5,000%. In practice, this means the price of a loaf of bread costs 50 times more in cash than it did a year ago.

Strong is Thomas Strong, lecturer in the department of anthropology at the National University of Ireland, Maynooth. He has previously held teaching and/or research posts at the University of Helsinki, the University of California, San Francisco, the University of Wisconsin, and (oddly enough) the American Academy of Ophthalmology. His publications include essays on the symbolism of blood and body in the U.S. and elsewhere, new cross-disciplinary work on kinship, and ideas of culture loss and bodily detumescence amongst the Dano-speakers of Papua New Guinea's eastern highlands province. His on-going research in PNG concerns transformations in sociality, gender relations, and personhood following the mid-twentieth-century repudiation of the traditional men's cult in the upper Asaro valley. His other interests include 'brand' as an ethnographic and analytic concept, HIV/AIDS (especially in the U.S. gay male community), and celebrity/fame.

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