Zimbabwe: The Downside of a Dollarised Economy

After the ghost of Weimer-style inflation which saw its pick in the summer of 2008, many Zimbabweans embraced the Government of National Unity (GNU), especially when it came to its policy on a multi-currency regime, popularly referred to as dollarisation.

To many, this represented an end to the inconvenience of having to move around with wagon loads of bank notes which were worthless in value than the cost of printing them.

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