Categories: Stories

Mugabe is killing the Zimbabwe dollar again while the people are bringing back the US dollar

When the Zimbabwe dollar died slowly in 2008, it was the rational and economic man and women of Zimbabwe, the people, who buried the corpse and brought in the United States dollars as we know them.

Between 2013 and 2018, through warped policies, wanton spending, recklessness and gross ineptitude, Mugabe’s government chased away the United States dollar, leaving the Zimbabwe dollar in its trail.

But guess what, its repetition all over again.

The government is battering and killing this Zimbabwe dollar, by overprinting it.

And if you watch carefully, again, like in 2008, the people are bringing back the United States dollar again, at the right price officials like to call parallel market rates.

In short, they are busy killing the Zimbabwe dollar they brought back between 2013 and 2015, and the people are, once again, bringing back the United States dollar at the right price.

They are the heroes, you know why?

Because they are rational economic men and women! It’s the work of the invisible hand.

By Matt E.T Matigari for The Source

(1071 VIEWS)

Page: 1 2 3 4 5

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Our lawyer betrayed us- Mutasa plot holders say

Plot holders from Irene Township in Mutasa District just outside Mutare, who are being evicted…

July 2, 2025

No one spared. 87-year-old disabled to be evicted from his plot by Wednesday

An 87-year-old plot holder at Irene Farm in Mutasa District has been ordered to vacate…

June 28, 2025

British legislator asks why the UK lifted sanctions on Owen Ncube and Sanyatwe

A British legislator who has been a strong critic of Zimbabwe has asked the United…

June 28, 2025

Britain still against Zimbabwe rejoining the Commonwealth

Britain is still against Zimbabwe’s rejoining of the Commonwealth arguing that Harare needs to take…

June 25, 2025

Zimbabwe among the 50 poorest countries in the world

Zimbabwe, which aims to become an upper middle income country in five years, is one…

June 24, 2025

81-year-old widow to be evicted today from plot she bought 45 years ago

Eighty-one-year-old Dorcas Makaya is likely to be evicted today from the plot that she bought…

June 23, 2025