“If that (extensive printing of money) doesn’t weaken a currency, I don’t know what will. Extensive printing of money — get it from me, I have got experience in that so if there is something that I can teach the world as free advice to the US and those countries that are relying on the printing press is — Don’t do it!” – Dr. Gideon Gono, Governor of the Reserve Bank of Zimbabwe. (As quoted July 21, 2011, at the Independent Dialogue sponsored by the Zimbabwe Independent in Harare, while responding to questions about when the country was likely to return to the Zimbabwean dollar.)
Jim’s Quote of the Day:
