Game On a Nation: Hip Hop Intellectual

 

With the current economy in shambles, I came across a video where the people of Zimbabwe were trading gold for bread. But instead of just watching the video, a critical thought came into my mind. "Why is Zimbabwe trading Gold for Bread?" It has to do with hyperinflation, basically when the currency of that nation loses it value. 

The hyperinflation started when Robert Mugabe began a program of land reforms that primarily took land from white farmers and redistributed the land and assets to black farmers. It is the European nations that control the World Bank and have the tools to affect economies of small nations for taking any action which they see as unfavorable. Look at Cuba, Jamaica, Haiti, and Ghana, for example.

I suggest that you read, "Confessions of an Economic Hit Man" by John Perkins.

 


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