Zimbabwe Central Bank To Offer Gold Coins As Inflation Ravages The Country (Again)

https://twitter.com/zerohedge/status/1542565031480643585

The Reserve Bank of Zimbabwe plans to issue gold coins as a way for investors in the country to store value as inflation runs rampant in the economy.

The United States isn’t the only country battling rapidly rising prices. The inflation rate in Zimbabwe spiked from 132% in May to 191.6% in June, and the Zimbabwean currency is quickly devaluing against other global currencies, particularly the US dollar.