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Using Less Paper

The government of Zimbabwe was recently dealt a blow by the paper company that used to supply banknote paper to the country. They decided not to sell to Zimbabwe even though, given the hyperinflation, I suspect they were a good customer.

Now comes news that Zimbabwe is resetting its currency to remove 10 zeros from all denominations.

I can't resist… This will allow the government to print narrower bills to conserve paper, a move being lauded by Western environmentalists. None of the millions of billionaires in Zimbabwe could be reached for comment.

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