Episode 66 • • 1:09:24 - 1:12:10
66: Throwin' The "Oh"
Zimbabwe Hyperinflation, 100 Trillion Dollar Note
The Governor of the Reserve Bank of Zimbabwe, Gideon Gono, is quoted comparing the US and UK financial bailouts to Zimbabwe's own troubled bank funds. Zimbabwe's issuance of a $100 trillion banknote is highlighted as a cautionary example of hyperinflationary consequences.