Discover and read the best of Twitter Threads about #commandisteconomics
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#NewZimCurrency
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1/11 I previously warned people about the coming of a new currency earlier than expected & that those with USD bought at a higher rate will count losses more.
Without your indulgence, I would like to unpack th introduction of the new currency.
🔥🔥🔥
1/11 I previously warned people about the coming of a new currency earlier than expected & that those with USD bought at a higher rate will count losses more.
Without your indulgence, I would like to unpack th introduction of the new currency.
2/11 At th beginning of this month I also advised fellow Zimbabweans that th FinMin & his PermSec are Advocates of #FreeMarketEconomics (insultingly called “neo-liberal” economics by socialist minded commentators) swimming against a sewage tide of #Statist or #CommandistEconomics 
3/11 An economy isn’t reliant on monetary policies only but these monetary measures affect, influence & determine value of production, trading, contracts & property.
There are so many governance&fiscal actions that are required 2 make monetary interventions work. Another topic!
There are so many governance&fiscal actions that are required 2 make monetary interventions work. Another topic!
