http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/ Economics Blog - current events and economics essays Fri, 20 Nov 2009 12:34:39 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-4083 Economic Instability | Economics Blog Mon, 31 Aug 2009 09:34:00 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-4083 [...] can become very unstable as consumers have to resort to a barter economy. For example, the hyper inflation of Zimbabwe created great economic misery and a collapse in living [...] [...] can become very unstable as consumers have to resort to a barter economy. For example, the hyper inflation of Zimbabwe created great economic misery and a collapse in living [...]

]]> http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-2931 Scuttle Tue, 17 Mar 2009 16:50:47 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-2931 In response to Tom French, it does not take much demand to create <a href="http://www.indepthinfo.com/economics/hyperinflation.htm" rel="nofollow">hyperinflation</a>. All it really takes is too many dollars chasing too few goods. The inflation itself makes those who have goods and services charge even more for them in anticipation of the price increasing even further. The twenty-percent who have jobs in Zimbabwe will be trading their dollars as quickly as they can for whatever they can get that holds value or even gives immediate satisfaction. Because it is crazy to save, they will spend money as soon as they can get. Because there is little or no profit to selling goods and services, more and more people with-hold them from the market (or resort to barter), creating even fewer goods. The fact that 80 percent of the population cannot even participate in this inflation does not keep it from happening. In fact, it exacerbates the problem because it only reinforces the belief that anyone would be a fool to ship goods in to sell. In response to Tom French, it does not take much demand to create hyperinflation. All it really takes is too many dollars chasing too few goods. The inflation itself makes those who have goods and services charge even more for them in anticipation of the price increasing even further. The twenty-percent who have jobs in Zimbabwe will be trading their dollars as quickly as they can for whatever they can get that holds value or even gives immediate satisfaction. Because it is crazy to save, they will spend money as soon as they can get. Because there is little or no profit to selling goods and services, more and more people with-hold them from the market (or resort to barter), creating even fewer goods. The fact that 80 percent of the population cannot even participate in this inflation does not keep it from happening. In fact, it exacerbates the problem because it only reinforces the belief that anyone would be a fool to ship goods in to sell.

]]> http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-2827 Effect of Printing Money on Economy | Economics Blog Fri, 06 Mar 2009 08:32:54 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-2827 [...] public. It immediately conjures up memories of hyper inflation in Wiemar Germany in 1923 and Zimbabwe in more recent [...] [...] public. It immediately conjures up memories of hyper inflation in Wiemar Germany in 1923 and Zimbabwe in more recent [...]

]]> http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-2787 musa am konneh Tue, 03 Mar 2009 16:33:23 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-2787 plse. mugabe leave power and let the zinbabweans enjoy their belove country. plse. mugabe leave power and let the zinbabweans enjoy their belove country.

]]> http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-1760 Mark Thambo Tue, 28 Oct 2008 14:19:07 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-1760 inflation in zimbabwe will continue to rise if the government remains broke. Mugabe's government has created the situation in the first place. Lets look at this!! Farm invasions=no agro raw materials needed buy Food industry e.g OLIvine, National foods, Dairyboard. It also result in no quality tobacco, cotton and flowers for export=foreign currency, for government imports e.g fuel (OIL) and foreign currency needed by companies to import spare parts and other raw materials e.g BAT tobacco import paper for making cigarrates. Biggest effect was governemnt failing to meet foreign debt repayments. Gono & Bob option print more money sell to black market (Diaspora)=excessive money supply=hyperinflation effect. All this resultedin collapse of formal business sector, production low to zero=Few goods and high demand survival of the ones with Diaspora connections=perpetual increase of prices of scarce goods. All of us know what needs to be done to correct this I dont have to waste my time say it. Even Bob knows. lafaelihle inflation in zimbabwe will continue to rise if the government remains broke. Mugabe’s government has created the situation in the first place. Lets look at this!! Farm invasions=no agro raw materials needed buy Food industry e.g OLIvine, National foods, Dairyboard. It also result in no quality tobacco, cotton and flowers for export=foreign currency, for government imports e.g fuel (OIL) and foreign currency needed by companies to import spare parts and other raw materials e.g BAT tobacco import paper for making cigarrates. Biggest effect was governemnt failing to meet foreign debt repayments. Gono & Bob option print more money sell to black market (Diaspora)=excessive money supply=hyperinflation effect. All this resultedin collapse of formal business sector, production low to zero=Few goods and high demand survival of the ones with Diaspora connections=perpetual increase of prices of scarce goods. All of us know what needs to be done to correct this I dont have to waste my time say it. Even Bob knows. lafaelihle

]]> http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-1234 Tbone Sun, 20 Jul 2008 06:39:48 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-1234 Hmm, looks like something that will happen to the U.S. pretty soon.... Hmm, looks like something that will happen to the U.S. pretty soon….

]]> http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-1225 Food and Petrol Inflation in UK — Economics Blog Wed, 16 Jul 2008 12:37:48 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-1225 [...] Spare a thought for Zimbabwe; their inflation rate passed the 2.2million % rate. Zimbabwe inflation [...] [...] Spare a thought for Zimbabwe; their inflation rate passed the 2.2million % rate. Zimbabwe inflation [...]

]]> http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-907 Sustained and Temporary Inflation — Economics Blog Fri, 25 Apr 2008 10:14:05 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-907 [...] Hyper inflation is a period where prices rise and the rate of increase in prices also rises see: hyper inflation in Zimbabwe [...] [...] Hyper inflation is a period where prices rise and the rate of increase in prices also rises see: hyper inflation in Zimbabwe [...]

]]> http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-884 The Real Rate of Inflation — Economics Blog Tue, 22 Apr 2008 11:48:21 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-884 [...] Hyper inflation in Zimbabwe [...] [...] Hyper inflation in Zimbabwe [...]

]]> http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/comment-page-1/#comment-879 Understanding Hyperinflation in Zimbabwe | Economics Blog Mon, 21 Apr 2008 07:15:49 +0000 http://www.economicshelp.org/blog/inflation/hyper-inflation-in-zimbabwe/#comment-879 [...] Question related to hyperinflation in Zimbabwe  [...] [...] Question related to hyperinflation in Zimbabwe  [...]

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