Monthly Archives: May 2009

Hyperinflation in Zimbabwe

Hi from Harare, the capital of Zimbabwe, I am here as part of an IMF technical assistance team to the Finance Ministry and central bank specifically authorized by the IMF’s Executive Board to begin the IMF’s re engagement with Zimbabwe. … Continue reading

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Econ lesson: Getting Our Money’s Worth

Our defense budget, like any other budget, is finite. Our resources are limited. To get the maximum value from limited reserves, their deployment must be carefully directed and prioritized. Defense Secretary Gates, along with the Secretary and the Chief of … Continue reading

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Comments on : “Is there Inflation Ahead?”

Dear Friends, As always, some of you made interesting comments on my Inflation note. ************************** May I infer that what you expect is significantly higher interest rates AND inflation significantly above 2 per cent? If so, other than writing a … Continue reading

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