Will the U.S. Copy Zimbabwe?

If only. The African country has frozen its dollar, legalized competing currencies, and experienced price deflation ever since. Hopefully our dollar doesn’t lose too much more value before fundamental liberalization is considered here, too.

Anthony Gregory is a Research Fellow at the Independent Institute and author of the Independent books, American Surveillance: Intelligence, Privacy, and the Fourth Amendment and The Power of Habeas Corpus in America: From the King’s Prerogative to the War on Terror.
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