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Rock Music, Censorship, and Zimbabwe’s War of Independence »

Independence Day in the United States is a good time to reflect on independence movements elsewhere. Before there was Zimbabwe, there was Rhodesia, where a white minority government oppressed blacks and “colored” (mixed race) people using force and apartheid-style policies. In the 1970’s, the last decade of the country’s War of Independence, rock music...
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Hyper-Inflation, Up Close and Personal »

Dear Anonymous Donor: Thank you for your contribution of a 2008 1,000,000,000,000 Zimbabwean dollar (ZWD) note, received by mail today. We note that the Zimbabwean government redenominated the ZWD again on February 2, 2009, at a rate of 1,000,000,000,000 old ZWD to 1 new ZWD, and as I write this your donation is currently...
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Will the U.S. Copy Zimbabwe? »

If only. The African country has frozen its dollar, legalized competing currencies, and experienced price deflation ever since. Hopefully our dollar doesn’t lose too much more value before fundamental liberalization is considered here, too.

Church Women Greatest Threat to Mugabe? »

The International Herald Tribune reports that a protest group comprised of 60,000 church women, led by Jenni Williams, may be Zimbabwe President Robert Mugabe’s ultimate downfall. Williams leads these “seamstresses, maids, vegetable sellers and hair dressers onto the streets ... [to] sing gospel songs, carry brooms to sweep the government clean (a figurative gesture,...
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Zimbabwe Faces Starvation »

As a result of dictator Robert Mugabe’s policies, the people of Zimbabwe now face starvation. Having destroyed agricultural production in the country by ending private ownership of land and farm-product markets, creating enormous hyperinflation to fund his military/police state (see here, here and here), torturing and killing opposition critics, and banning humanitarian aid (until...
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$10 Billion to $1 in Zimbabwe »

To follow up on my recent posting regarding the funding of oppression in Zimbabwe through hyperinflation, Zimbabwean Central Bank Governor Gideon Gono has announced that after issuing $100 billion notes (not yet enough to buy even a loaf of bread), the government is devaluing its currency by dropping 10 zeroes, converting 10 billion dollars...
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