Free Republic

Tyler Durden 10/05/2014 Submitted by Patrick Barron via Mises Canada I have started reading a new book about the collapse of the Zimbabwean dollar–When Money Destroys Nations, by Philip Haslam and Russell Lamberti. One of the main causes of the hyperinflation was the decision of the Zimbabwean government to give army veterans of its recent wars a big bonus. The promise was too much for the Zimbabwean economy to manage, so the government printed money... and lots of it. Why is this relevant? Well, look at America. We have been fighting wars around the world for twenty-five years and recently...

Army officers seized over Mugabe 'coup plot' By Byron Dziva in Harare Last Updated: 2:18am BST 14/06/2007 Seven serving and former officers of the Zimbabwe army have been charged with planning a coup d'etat against President Robert Mugabe. There have been rumours of coup plots against Robert Mugabe's government for months The men were arrested in stages, beginning on May 29, and appeared twice in closed hearings at Harare magistrates' court earlier this month. Journalists and family members have been barred from the hearings and the case has now been referred to the Harare high court, where the accused are...