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Thread: Zimbabwean Economy: ??!!?

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  1. #1
    Chieftain of the Pudding Race Member Evil_Maniac From Mars's Avatar
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    Default Re: Zimbabwean Economy: ??!!?

    Quote Originally Posted by makaikhaan View Post
    How on this green earth is that conceivably possible?
    When you need more money, just printing more is a bad idea.

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    Spirit King Senior Member seireikhaan's Avatar
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    Default Re: Zimbabwean Economy: ??!!?

    Quote Originally Posted by Evil_Maniac From Mars View Post
    When you need more money, just printing more is a bad idea.
    Well, yeah, I know that, but how much money do you have to print to get that kind of inflation? I mean, jeez, that's utterly insane.
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    This comment is witty! Senior Member LittleGrizzly's Avatar
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    Default Re: Zimbabwean Economy: ??!!?

    It must be one of the only sectors of growth in the economy, money priniting...
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    Darkside Medic Senior Member rory_20_uk's Avatar
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    Default Re: Zimbabwean Economy: ??!!?

    The money is printed in Europe (Germany I think) and flown in.

    So... Even making the currency eats into foreign hard cash.

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    Member Member PBI's Avatar
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    Default Re: Zimbabwean Economy: ??!!?

    Quote Originally Posted by rory_20_uk View Post
    The money is printed in Europe (Germany I think) and flown in.

    So... Even making the currency eats into foreign hard cash.

    That's probably the most funny and most depressing thing I've heard all day, I'm not quite sure which.

    It's almost like a case study in exactly how not to run an economy. First, destroy your country's production of its only major export. Then make your currency worthless through printing so much of it in order to keep paying your cronies to enforce your disastrous policies.

    indeed.

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    Member Member Productivity's Avatar
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    Default Re: Zimbabwean Economy: ??!!?

    Quote Originally Posted by makaikhaan View Post
    Well, yeah, I know that, but how much money do you have to print to get that kind of inflation? I mean, jeez, that's utterly insane.
    You just add zeroes onto the end of the notes... As for what it does, it destroys any chance of having a functioning economy. Not that there is much when Mugabe is your president.

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