In this video, I talk with author and economic analyst John Sneisen about the most recent panic in Zimbabwe as new president Emmerson Mnangagwa raises fuel prices 140% and then took off on a plane to Russia as people took to the streets in protest.
Was there a back room deal? What purpose does this serve? Well, the people of Zimbabwe faced "non-government" security forces in the streets following the decision and one can only note that this is similar to what we saw in Zimbabwe in the past under Mugabe.
Mugabe was overthrown just over a year ago as he became more and more erratic following hyperinflation in Zimbabwe. Mnangagwa took Mugabe's place though the election was heavily contested and accused of rigging. Nonetheless, Mnangagwa is further evidence that government doesn't cure government. With 31% inflation being considered minor after the hundred trillion dollar notes a few years ago and then the switch over to a US Dollar backed standard, this begs the question... Why are people still demanding the government "fix things?" The state is creating the problems. Individuals must act as individuals and rule themselves rather than bow down to these centralized government and banking systems. This will continue to run in circles for eternity if people don't learn from their mistakes.
Freedom does not come from government.
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And that SHIT is coming here❗️
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