Wednesday, July 18, 2007

Improper Response

Zimbabwe is up to 20,000% annual inflation. Because inflation is caused in part by businesses who increase prices as currency is devalued, one might think that a possible solution is to make it illegal for companies to raise their prices, and to lower prices by decree, right?

Not really.

The best line in this article is a quote that "[Mugabe's government] was committing regime change on itself with its disastrous economic policies..."

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