Bad economics will out you know. Adam Smith was right, there’s an awful lot of ruin in a country. But not an unlimited amount. As this shows:
[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]So scarce is bread that 500 loaves were stolen in an armed heist last week from a delivery truck in Harare.[/perfectpullquote]Armed robbers are stealing the bread.
Turns out that taking all the productive assets from people competent to produce with them and handing the goodies over to political favourites doesn’t work. Who could have guessed?
The language we use matters - it provides clarity to our own thoughts and enables…
It is now generally acknowledged that the structure of the NHS needs to be overhauled…
In the film Apollo 13, a loss of oxygen causes the crew to start inadvertently…
There's an idea out there which seems intuitive but then so many ideas do seem…
When we think about the darkly opaque goals of modern central bankers as they relate…
As the papers recently filled with the distressing images of desperate souls looking to escape…
View Comments
Everyone not a socialist would know this (no need to guess).
If only the millennials would take a look at what voting for magic money brings...
One does wonder how many times the government of Zimbabwe can do this.
Armed robbery only works when the arms are cheaper than the goods gained.
Yea gods, guns 'n' bullets cheaper than bread! In what was the breadbasket of southern Africa.
Guns are reusable for multiple robberies, ammo not so much.
Yeah, and how much is a box of bullets? A quick Google shows prices of £20/box of 20 in the UK, so to make the economics stack up a loaf of bread must "cost" more than, say, the £5 of bullets used to "purchase" it. And at a guess, that £20 box of ammo would cost more in Zim, so making the bread even more expensive. Society really is collapsing when food staples cost more than using violence to obtain it.
Threat of violence rather than use of is the point. Therefore, you don't need to spend the money on the bullets if you don't use them.