From Paul Kasriel’s commentary:
Zimbabwe’s Money Supply – Enquiring Minds Want To Know
A number of questions have come in asking just what has been Zimbabwe’s money supply growth. Here it is for M2: 1999 35.9%; 2000 68.9%; 2001 128.5%;2002 191.7%; 2003 430.0%. To reiterate, if printing money created real wealth, then Zimbabwe, for example, would be one of the richest countries in the world.
