Sunday, April 12, 2009

Gold for food in Zimbabwe

As can be seen in the video, The Zimbabwe people use gold to buy food in black market. They do this because their paper money has lost most of its value due to hyperinflationary policies adopted by Mugabe government, the guy who confiscated the land from wealthy but more efficient caucasians and redistribute it to the mass. Another proof that government should not adopt extreme policy for the sake of "wealth redistribution" to the poor as it can completely destroy commerce and halt foreign investment.