Where the Real Estate Isn’t Insanely Overpriced
Update: 2021-09-09
Description
Freedom Podcast – Episode 12
by Simon Black
Sovereign Man
When Gideon Gono became the Governor of the Reserve Bank of Zimbabwe in late 2003, his country was already suffering from terrible hyperinflation.
Throughout the 1990s, inflation in Zimbabwe averaged well over 20%. And just a few years later inflation had reached 200%.
That’s when Zimbabwe’s government hired Gideon Gono to fix the inflation problem.
Gono had a reputation as a sharp, competent banker. He had previously been the managing director of Zimbabwe’s largest bank– Bank of Credit and Commerce– so the government thought that Gono had the skills to turn Zimbabwe’s economy around.
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