The Mugabe (mis)government has come up with a novel solution to inflation:
Official sources said the recent 150 percent pay rise for soldiers, teachers, policemen and nurses had put a strain on money supply.
Reserve Bank officials told IRIN that plans to print about Zim$60 trillion (about US$592.9 million) were briefly delayed after the government failed to secure foreign currency to buy ink and special paper for printing money.
Brings a whole new meaning to the phrase “not worth the paper it’s printed on.”
This whole article almost reads like something from the Onion, it seems so absurd, but it seems to be a real story. Has any nation in recent history declined so far as the current Zimbabwe has from the Rhodesia of the sixties, then one of the richest nations on the African continent?