tag:blogger.com,1999:blog-2340684310301784591.post1402735892019000519..comments2024-01-03T19:16:07.361+08:00Comments on Arrested Development: Monetary Policy – Zimbabwean StyleElanorhttp://www.blogger.com/profile/15447273349249042635noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2340684310301784591.post-32012100608890620502007-02-09T18:44:00.000+08:002007-02-09T18:44:00.000+08:00Incidentally, wikipedia's entry provides a good su...Incidentally, wikipedia's entry provides a good summary of different cases, including the latin america ones: http://en.wikipedia.org/wiki/Hyperinflation<BR/><BR/>Conceptually, the solution most of the time require the complete change of monetary authority (or the perception regarding it), with strict commitment to stop the printing money altogether and the cutting of government spending. Reform Elanorhttps://www.blogger.com/profile/15447273349249042635noreply@blogger.comtag:blogger.com,1999:blog-2340684310301784591.post-55461737613120067202007-02-09T12:21:00.000+08:002007-02-09T12:21:00.000+08:00Didn't Brazil and a few other LatAm countries expe...Didn't Brazil and a few other LatAm countries experience this not too recently ago ? <BR/><BR/>What did they do to extricate themselves out of this vicious cycle ?Trashedhttps://www.blogger.com/profile/16253745273987433750noreply@blogger.comtag:blogger.com,1999:blog-2340684310301784591.post-29718853318869009442007-02-08T19:39:00.000+08:002007-02-08T19:39:00.000+08:00From the same NST article, I believe that the Zimb...From the same NST article, I believe that the Zimbabwean Governor is right when he said that only a “firm social contract” to end corruption and restructure the economy will bring an end to the crisis. <BR/><BR/>Or a perhaps a complete overhaul of the abusive political system. This economic crisis might ironically bring about a political revolution.Elanorhttps://www.blogger.com/profile/15447273349249042635noreply@blogger.comtag:blogger.com,1999:blog-2340684310301784591.post-3867099924436571412007-02-08T16:20:00.000+08:002007-02-08T16:20:00.000+08:00poor millionaire Z citizens..daily suffering would...poor millionaire Z citizens..daily suffering would include long ATM queues to take out cash & tired shoulders due to carrying heavy bags of cash notes. What can save them now from their crippling foreign exchange woes and weak devalued Zim currency..Anonymousnoreply@blogger.com