Dear Editor|Anyways injecting £500usd will not stabilise prices. He knows they have failed on their government intervention price controls. In his statemenet he made no mention of how he has controlled prices and the steps he is taking and the government to address this. The economics he is using – Usd and printed Rtgs – will continuously fail and always fail unfortunately.

Note this Simba

Not more than a year ago, one US dollar was 1:1 with the bond/rtgs. Currently, the same bond/rtgs is $zw40 . The systematic devaluation of Zimbabwe’s bond/rtgs which was disputed by Zimbabweans that it did not carry thr same value as the $usd. We have a structural problem in the economy, and in part due to foreign-based induced exchange rate $usd manipulation, has helped contribute to an almost daily inflation of prices, prices which follow the illegal parallel dollar exchange rate closer than anything else. RBZ is not in control of our exchanhe rate anymore. People paRoad port ndopane world economy not RBZ. That means Mtuli and his crew can’t fix the prices using $500m.

Which area of the economy is he injecting $500m and how is he doing it? Hatidi half details and information.

For us to have greater success with our economy we need to have high political and economic integration with the United States. Varidzi ve usa They own the dollar and with the current political situation in our country this government is not Americas favourite. It can also be successful of we have productive apparatuses oriented towards a diverse range of exports in order to procure greater foreign currency earnings (trying to trade in currencies of greater influence in international trade, not only with the dollar to reduce the risk to the crises). You get it bhudhi wangu.

Simba economy yedu yakakiyiwa ne political economy. Amrica yakasunga nemari yavo varikutambiswa bhora but havafunge mushe. They are ignoring political economics ngadzirise ikoko. United States is the biggest economy in the world and we are using their money. Hazviite kuti titambure is we are 100% in good books with them.

Taking into account all of the above, the next question to consider is whether we should view dollarization (USD) as a magic formula to achieve macroeconomic stability on Zimbabwe. The answer to this question is extremely complicated, and goes further than the majority of economists care to look especially when internation political economics is at play.