Zimbabwe for hyperventilators 101
Zimbabwe is the new Weimar Republic. Not! Zimbabwe is the front-line evidence that shows that government deficits will generate hyper-inflation. Not! Zimbabwe is the demonstration of the folly of a fiat monetary system. Not! Zimbabwe is an African country with a dysfunctional government. Yes! First we should make sure what we are talking about. The … Continue reading Zimbabwe for hyperventilators 101
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