Posts Tagged ‘characteristics of money’

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    Laundering Zimbabwean money

    Mar 29, 12 • 152 Views • Demand, Supply, and Markets, Developing Economies, Economic History, Government, International Trade and Finance, Money and Monetary Policy, Thinking Economically, UncategorizedNo Comments

    In Zimbabwe, people are laundering money. Literally. When their U.S. dollars look too gray and faded, Zimbabweans wash and dry them. In this Wall Street Journal photo, dollar bills, shirts and sheets are suspended with clothes pins along a line. Why? First...