Zimbabwe's Monetary Death Spiral |
January 17, 2019 | January 2019 Bond Updates |
President Mnangagwa’s pledge that Zimbabwe is “open for business” rings hollow. With a recent surge to an annual inflation rate of 236%, protests have sparked. As long as Zimbabwe continues to produce its own money, namely bond notes and RTGSs, it will continue to be held in a monetary death grip. |
View more at: https://www.forbes.com/sites/stevehanke/2019/01/16/zimbabwes-monetary-death-spiral/ |
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