Monday, 26 January 2009

Interview with the central banker of Zimbabwe

Is this strange ... or what:
I've been condemned by traditional economists who said that printing money is responsible for inflation. Out of the necessity to exist, to ensure my people survive, I had to find myself printing money. I found myself doing extraordinary things that aren't in the textbooks. Then the IMF asked the U.S. to please print money. I began to see the whole world now in a mode of practicing what they have been saying I should not. I decided that God had been on my side and had come to vindicate me.
I really don't know if God is on the side of hyperinflation. The whole interview is here.

(HT: Marginal Revolution.)

2 comments:

matt b said...

I really don't know if God is on the side of hyperinflation. The whole interview is here.

He probably is. Religion manages to f*** up pretty much everything else it touches. :-)

Julian said...

Thanks for this Paul. Forwarded to the whole office - and it was the source of much laughter - the sad tragedy is that he has destroyed the currency of that country and the lives of many.
Enjoying your blog posts by the way.
Julian