The Bank of Zimbabwe thanks America & Britian..

[Mega]

For following its lead!:-
http://www.nakedcapitalism.com/2008/11/blog-post.html
Mike

[tsetsefly]

Re: The Bank of Zimbabwe thanks America & Britian..

I had read that before and had doubted its authenticity because of how ridiculous it sounded. But its true!
What is scary is the statement is actually right, the US is following Zimbawe's bath...

As Monetary Authorities, we have been humbled and have taken heart in the realization that some leading Central Banks, including those in the USA and the UK, are now not just talking of, but also actually implementing flexible and pragmatic central bank support programmes where these are deemed necessary in their National interests.

That is precisely the path that we began over 4 years ago in pursuit of our own national interest and we have not wavered on that critical path despite the untold misunderstanding, vilification and demonization we have endured from across the political divide.

Yet there are telling examples of the path we have...For instance, when the USA economy was recently confronted by the devastating effects of Hurricanes Katrina and Rita, as well as the Iraq war, their Central Bank stepped in and injected life-boat schemes in the form of billions of dollars that were printed and pumped into the American economy.

[metalman]

Re: The Bank of Zimbabwe thanks America & Britian..

I had read that before and had doubted its authenticity because of how ridiculous it sounded. But its true!
What is scary is the statement is actually right, the US is following Zimbawe's bath...

repost! The Fed's Maginot Line