This only works when the supply and demand for foreign currency remains in equilibrium. The fact that Zimbabwe's exports have collapsed means that there will never be sufficient forex earned to meet demand; the underlying inflation will be felt in the exchange rate as we are already seeing.

True, but that inflationary pressure is miniscule compared to the inflationary pressure created by continuously printing more money. Each time Goono prints another wad of money it creates inflation. Dollarizing the economy would remove that tool from his control and prices could begin to assume their true real world value, instead of the current RBZ-created "fantasy," value.

I'll tell you why it won't happen, because doing so would remove Mugg-abe's most powerful means to fund his illegal and unconstitutional activities. It's analogous to the situation over Home Affairs. Mugg-abe will never let the MDC have the power to use the police to investigate ZANU-PF, even if Morgan won 80% of the votes.

Both actions, dollarizing the economy and letting MDC have Home Affairs, strike at the root of what keeps Mugg-abe in power and will never happen, no matter that both actions are two of the most powerful steps to resolving the country's current problems.

As in most decision making in Zimbabwe, it all comes down to putting Mugg-abe's needs first, before that of the country.