Hyperinflation in Zimbabwe... Again
So Zimbabwe is going into hyperinflation and currency collapse... again.
This also happened about 10 years ago with pretty much the exact same causes. Inflation is always and everywhere a monetary phenomenon.
What I find really interesting about the sign in the picture saying, "WAKE UP WORLD ZIMBABWE IS DYING" is what exactly do they want to be done? The money is being destroyed. They are continuing to use it. It will keep being devalued because there are idiots running the printing press.
What they could do is start using crypto and remove the power of the idiots with the printing presses from their lives. That would at least speed up the currency collapse so they could get on with rebuilding instead of suffering more, longer.
It is very difficult to comment because in Venezuela, where I live, there is a similar situation. We citizens cry out to stop this misfortune but politicians are busier in their votes and in their political parties. In other cases, politicians are communites or totalitarian and none of that matters to them. I understand that woman
Sure the motivation behind the sign is understandable. At the same time, continuing to use the system that is being used against you is a choice.