Good news for the Zim -- well sort of
The IMF estimate Zimbabwe's annual inflation at 150,000 percent.
The price of beer changes even as the bar tender goes to ring it up on the till.
Reserve Bank Governor Dr. G. Gono admits there is a problem and is determined not to have to add another three zeroes to Zimbabwe's bank notes. The band's a bit wider than our one to three but it's a start.
Dr Gono is also not hiking interest rates. His target is the few bad apples -- the cash barons, smugglers and other illicit dealers.
That should knock inflation for six -- just like Muldoon's price-wage freeze.
Read about the the Zim's hyperinflation here.

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