Tuesday, January 10, 2012

Will Zimbabwe's hyperinflation ociated woes be fixed by using US dollars as their new currency standard?

Can't see Mugabe officially adopting an 'imperialist' currency - the soldiers are getting $US to keep them loyal. Nothing will change for the better in Zimbabwe until Mugabe dies or is removed by force. Anyway, $US isn't really strong/stable enough anymore - makes more sense to adopt the Euro if you're looking around for a new currency. However, this would be even more unlikely in Mugabe's Zimbabwe;as the Euro is a European currency, it's obviously racist and colonialist.

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