Yes, it’s Zim-time once again.
There are reports around that Zimbabwe plans to issue a series of Z$20bn and Z$50bn bank notes. But this seems a strange move: aside from the fact that virtually all goods and services in Zimbabwe are now priced and charged in foreign currency, the government there was already printing Z$100bn notes last summer. Maybe deflation has taken hold.
No matter. A related web search alerted us to this — another swivel-eyed take on the state of the African nation from Dr G Gono, governor of the Reserve bank of Zimbabwe.
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