3 ms·
>> Zimbabwe’s inflation happened because the country had debt denominated in USD and CNY, along with massive political instability, a shrinking economy, and a w
by tanseydavid 2y ago
>> Zimbabwe’s inflation happened because the country had debt denominated in USD and CNY, along with massive political instability, a shrinking economy, and a war happening all at the same time. Couple that with a useless central bank and you have hyperinflation.
No mention of velocity or the role of human behavior in an inflationary environment.
You argue in bad faith.