8min chapter

Economist Podcasts cover image

Straight out of Orwell: Russia’s propaganda machine

Economist Podcasts

CHAPTER

Zimbabwe's Economic Crisis: A Deepening Turmoil

This chapter examines Zimbabwe's recent decree to halt bank lending in a bid to address soaring inflation, which was quickly modified amid public backlash. It explores the government's historical mismanagement of the economy, including the impact of excessive money printing and the systematic confiscation of funds, leading to widespread public distrust. Through personal stories and economic analysis, the chapter highlights the struggles of ordinary Zimbabweans navigating the chaos of hyperinflation and the potential for dollarization as a solution.

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