Food shortages, food riots and skyrocketing food prices: the global food crisis has turned into one of the big stories of 2008. Not to fear: behind every headline and cover story lurks an expert—usually an economist—with a list of “promising solutions.”
“Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually [...]
:: Tuesday, February 09, 2010
Last Wednesday, Gideon Gono – Zimbabwe’s equivalent of Federal Reserve Chairman Ben Bernanke – issued a $100 billion note.
What can you buy for $100 billion in Zimbabwe? Not quite one loaf of bread.
Zimbabwe is experiencing 12,500,000% inflation – 12.5 million percent. How does inflation get this far out of control? Who can be blamed for [...]
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