3 ms·
Revolution. Or convincing Mugabe to read an introductory macroeconomics text.
by rms 18y ago
Revolution. Or convincing Mugabe to read an introductory macroeconomics text.
- gaius 18y agoMugabe I suspect is perfectly well aware of the situation and what to do about it. But it suits him down to the ground; this is a man who engineered a famine to starve his political opponents, remember. Of course he wants to be the only one in Zimbabwe who can even consider capital-intensive projects. So he can sit there and not do them. Solution is for Zimbabwe to scrap its own currency and just use one of Dollars/Pounds/Swiss Francs/Yen/Euros.
- DanielBMarkham 18y agoYes. This has a very easy answer. One that you could implement in large parts of the world. Pay everybody using debit cards drawn on a foreign bank using some stable foreign currency. But just try it there and see what happens. Mugabe is very happy the way things are -- running his fellow citizens into the dirt while he and his cronies make out like bandits.