Friday, December 04, 2009

2009 - the coming of the Green Back. Officially

2009 - the coming of the Green Back.  Officially

Noone would have dreamed, in the last days of 2008 that the coming year would shape up so very differently.  Few men would have believed that in the silent realms of hyperinflationary economics, minds immeasurable different to ours were watching us.  And slowly and surely, they drew their plans against us.
(With apologies to H G Wells' remarkable "War of the Worlds")

But early in the year, Zimbabwe suddenly staggered from a dollarised black-market into a legalised multi-currency environment which turned out to be predominantly USD in Harare and the north of the country, and ZAR in Bulawayo and regions closer to the Rand monetary area.
Suddenly, the few Zimbabweans with jobs and money became relatively rich and were briefly able to buy, buy, buy to their hearts' content.

But slowly, although the shops in the more affluent areas continue to be well stocked (certainly relative to the preceeding years of run-away zillions of Zim dollars), the available pool of green-backs has been sopped up.
It will be a hard Christmas again.  But, as various commentators have pointed, this is what Zimbabweans can cope with.  If we learned nothing else in the last few years, you now know how little we need to survive.

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