Thursday, January 17, 2008
150,000% inflation: The Lefts economic policy in action
Zimbabwe is the perfect example of leftist policies come to fruition. Redistribution of wealth - punishing the rich - and race based politics have bore the fruit of 150,000% inflation. What does that mean in real terms? The new $10,000,000 note is worth 2 British pounds on the black market. TWO POUNDS!! Bread and meat shortages have the cost of a burger at 15 Zimbabwe dollars. All of this thanks to the policies of leftist president Mugabe. http://en.wikipedia.org/wiki/Robert_Mugabe So if you have any doubts what the results of the Democrats policies would be - check out Zimbabwe.
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