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Zimbabwe new monetary measures: Living a lie, face collapse

Zimbabwe new monetary measures: Living a lie, face collapse

Dollarisation is a simple monetary arrangement which the political classes have contrived to misunderstand, and consequently, Zimbabwe, which never actually completed the process of dollarisation, unwittingly abandoned it and in its place brought about what I term a “dollar-exchange regime”. So deep-seated is the misunderstanding of dollarisation, there is the absence of an awareness of […]

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