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Zimbabwe had hyperinflation resulting from printing money. The classical cause of depressions is that once people are unemployed, they no longer spend money so
by gizmo686 13y ago
Zimbabwe had hyperinflation resulting from printing money.
The classical cause of depressions is that once people are unemployed, they no longer spend money so other people can no longer make money from them. The logic behind stimulus programs is to get people spending again to bootstrap the economy.