As Mugabe's money printing comes home to roost on inflation
Villagers in the poorest villages pray nightly before little figurines of Ian Smith, praying for his return, whilst cursing white liberals for creating this nightmare
It's the new currency Supes. They hit a million percent inflation, and then switched to the US dollar just so that the economy could limp along. Now they have switched back to the new Zimbabwean dollar, and it's 500% inflation in *that* (actually I think 500% is the official rate - the real rate is a lot higher).
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Give it 18 months and we'll be there too.
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Hey, they might not be rich, but at least they are free!
Oh............
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That is considerably lower than it used to be. In 2008 is was like 80b%
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It's the new currency Supes. They hit a million percent inflation, and then switched to the US dollar just so that the economy could limp along. Now they have switched back to the new Zimbabwean dollar, and it's 500% inflation in *that* (actually I think 500% is the official rate - the real rate is a lot higher).
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It took time for Mugabe's money printing to be reflected in the inflation statistics
As with socialisms disastrous economic management here, the current regime is being blamed
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....hey Zimbabwe, hold my beer
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"Villagers in the poorest villages pray nightly before little figurines of Ian Smith"
you are so weird!
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