Tag Archives: zimbabwe

Zimbabwe’s Hyperinflation Solution: Slash Zero’s

By misbah | Published: July 31, 2008
Our friend Gideon Gono (Governor of the Reserve Bank of Zimbabwe) has decided to tackle the ultra-hyperinflation pummeling Zimbabwe in one fell swoop. His solution? Lopping zeros off of the Zimbabwean Dollar — ten of them! That means, as of August 1st, a 10 Billion Zimbabwean Dollar (ZWD) bill will be worth one ZWD. That’s [...]
Posted in Economics | Also tagged , , , | 1 Comment

World’s Most Billionaires Per Capita

By misbah | Published: July 29, 2008
The Reserve Bank of Zimbabwe has accomplished an impressive milestone. Thanks to Gideon Gono, the present Governor of the Reserve Bank and President Robert Mugabe, Zimbabwe now has the highest percentage of Billionaires per capita than any other country in the world. The billionaire ratio is even higher than a recent gathering of the Bugatti [...]
Posted in Economics | Also tagged , , , , , , , | 2 Comments