Zimbabwe Has No Long Money

Reserve money in Zimbabwe expanded 51 percent year-on-year to April 2026. Month-on-month growth hit 10 percent—a pace that would annualize above 200 percent if simply repeated rather than compounded. Broad money, M3, grew 46 percent year-on-year over the same period, the fastest since the current central bank governor took office. Strip away the technical vocabulary and one plain fact remains: Zimbabwe’s central bank has rediscovered the inflationary printing press.

Donald Lee Wine, Jr. is an independent writer, researcher, musician, and founder of The Night Signal Collective.

A Skeptical Guide to UBI

Many progressives, such as Robert Reich and Kyle Kulinski, argue that the economy needs a universal basic income (UBI) to fix it. Their argument stems from the idea that UBI has no serious flaws, that many studies show success, and that it’s the moral thing to do.