Monday, September 21, 2009
After the the destruction of the Zimbabwe dollar, inflation has become relatively moderate in Zimbabwe again (at least using African standards). The numbers are probably more or less right, though the article leaves unanswered just in terms of what currency or currencies inflation is measured. The article says that "foreign currencies"[unspecified] are used in Zimbabwe, without mentioning exactly what currencies we are talking about. Just about any currency would however seem preferable over the late Zimbabwe dollar.