alphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 7 months agoZimbabwe is grappling with its sixth currency change in 16 yearswww.semafor.comexternal-linkmessage-square3fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkZimbabwe is grappling with its sixth currency change in 16 yearswww.semafor.comalphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 7 months agomessage-square3fedilink
minus-squareMakePorkGreatAgain@lemmy.basedcount.comlinkfedilinkEnglisharrow-up0·7 months ago2.5 tons of gold doesnt seem like a lot to back the currency of an entire country… so I looked it up. 2.5 tons = 80,000 oz = $186,880,000 (at the moment, gold’s value varies quite a bit).
minus-squareMunicipal0379@lemmy.worldlinkfedilinkEnglisharrow-up1·7 months agoOkay, but how many toasters?
2.5 tons of gold doesnt seem like a lot to back the currency of an entire country… so I looked it up. 2.5 tons = 80,000 oz = $186,880,000 (at the moment, gold’s value varies quite a bit).
that’s 4.15 cubic feet
Okay, but how many toasters?