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After Beating Inflation, Zimbabwe Now Faces Deflation

Zimbabwe's economy ends 2015 with predictions that prices will continue falling in the new year. But economists say that trend may not benefit anyone. Most Zimbabweans seem to be worse off today than in 2009 when the southern African nation abandoned its worthless currency and started using multiple currencies – chief being the U.S. dollar. After years of staggering inflation, prices stabilized and things have changed course; there is now deflation in Zimbabwe. But John Robertson,...

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