Friday, May 20, 2011

Zimbabwe To Trade Diamonds For Gold As It Prepares To Launch Gold-Backed Currency

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

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