Zimbabwe's Inflation

Fantastic article on hyperinflation in Zimbabwe, how it's the result of a corrupt government coupled with a fiat currency (just like what America has). The article, as well as most Austrian economists, calls for a return to a currency backed by precious metals. I don't think this is the answer -- we'll get into why it's not the answer in a future post. -- KM

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Bill Trench on the new Weimar.

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