#Macrodrama

Categories
printing money

Printing Cash and Printing Money are not the same thing

Printing cash is a Central Bank's job. Printing money is something else.

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zimbabwe dollar

Zimbabwe Dollar: The 2019 Edition

The Zimbabwe Dollar is back - but is it really here to stay? And what those RBZ measures really mean.

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RTGS

Zimbabwe Drops The RTGS Peg to the USD

We've stopped pretending that RTGS does not officially exist.

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money transfer tax

Zimbabwe and its new 2% money transfer tax

Dedollarisation, redollarisation, and money transfer tax in between.

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zimbabwe

Zimbabwe and its running parallel rates

Demonetising bond notes, arbitrages, Old Mutual shares, and why was the RTGS rate crashing last week?

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Zimbabwe Cash Crisis: The Rand Option

The Zimbabwe cash crisis: illustrated. And how to adopt the Rand.

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money and its technological failures

Money and its technological failures

Over the last few days, Zimbabwe’s mobile money system, Ecocash, has struggling to stay online. For non-Zimbabweans, it is hard to appreciate the scale of this problem. Zimbabwe’s economy is involuntarily cashless – which means that the primary methods of payment are debit cards, bank transfers, and mobile money. But for a country that is largely […]

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south africa rand

The Global Rand

The Rand as a proxy for China - and not what you want to be in a trade war.

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Zimbabwe Cash Crisis

The Zimbabwe Cash Crisis: how do we solve it?

To solve the Zimbabwe cash crisis, we can do better than bringing back the Zimbabwe dollar. What about bringing back two of them?

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land expropriation

Land Expropriation: Once Expropriated…

You have to keep it expropriated. And that is not so easy.

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