LAST week, soon after the Reserve Bank of Zimbabwe governor, John Mangudya, unveiled a raft of measures to deal with an accelerating cash crisis in the economy, social media was abuzz with jokes and taunts over plans for an injection of bond notes, a form of new currency that will rank pari pasu with the greenback, into the tottering economy. As if warning Mangudya of the likely fate of the bond notes, a message on WhatsApp, an over-the-top messaging platform now commonly used by millions of Zimbabweans, went uncontrollably viral; it spoke about the Gresham Law, which was described as a monetary principle stating that bad money drives out good. ......
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