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Re: [Pen-l] Zimbabwe's Greenspan
- To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] Zimbabwe's Greenspan
- From: Jim Devine <jdevine03@xxxxxxxxx>
- Date: Mon, 26 Jan 2009 14:19:23 -0800
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>Out of the necessity to exist, to ensure my people survive, I had to find myself printing money.<
it's more likely that he was forced to print money because Mugabe
couldn't balance the government's budget (which was quite large
compared to Zimbabwean GDP).
--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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