For those who need to be reminded, Zimbabwe is the most recent poster child for a currency collapse and hyperinflation. In a world gone upside down, they desire to have a gold-backed currency now. Sound monetary policy--what a concept.
http://www.zerohedge.com/article/zimbabwe-trade-diamonds-gold-it-prepares-launch-gold-backed-currency
Friday, May 20, 2011
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