Zimbabwe

January 20, 2020

Why Venezuelans Might Launder (In a Washing Machine) Their Dollars

The U.S. dollar is a handy backup when a country’s currency loses its value. After Zimbabwe’s hyperinflation hit its peak (or its nadir) in 2009, they […]

July 11, 2018

The Travels of Mobile Money

Zimbabwe’s monetary crises used to create money laundering…literally. To preserve their limited supply of worn U.S. dollars, households had to wash them: Now though, they have […]

December 9, 2014

Expanding How We Measure Inflation

Our CPI measure of the inflation rate has been debated because it could be calculated using a chained CPU, could be real time, and excludes some seniors.