tomgpalmer.com
Personal website and weblog of the libertarian thinker
by Tom Palmer on January 11, 2009
HARARE, Zimbabwe (CNN) — Zimbabwe’s central bank will introduce a $50 billion note — enough to buy just two loaves of bread — as a way of fighting cash shortages amid spiraling inflation.
Let’s hope that, with all the “stimulus packages” in the works, we don’t read headlines like that about the U.S.
{ 2 comments… read them below or add one }
I’d be encouraged with all the recent criticism of Obama’s stimulus package, if not for the fact that most seems to say it’s “not enough.” Ugh.
Tom: If you or any of your readers can provide me with a few of these Zimbabwean banknotes, I’d appreciate it.
I’ll even pay good American dollars for them. (not at 1:1 exchange rate, though).
I can be contacted on my blog.
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{ 2 comments… read them below or add one }
I’d be encouraged with all the recent criticism of Obama’s stimulus package, if not for the fact that most seems to say it’s “not enough.” Ugh.
Tom: If you or any of your readers can provide me with a few of these Zimbabwean banknotes, I’d appreciate it.
I’ll even pay good American dollars for them. (not at 1:1 exchange rate, though).
I can be contacted on my blog.