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Zimbabwe's Monetary Death Spiral

Forbes - 17 Jan 2019 03:01
Zimbabwe's Monetary Death Spiral 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.
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