protect fellow bankers?
From whence does the “Royal We” really come? What is the true motive?
Why the concern? What next? When? How?
A consultant met with ZESA management recently – who informed him that when outflow exceeds inflow it is termed an “overload” in electrical terms.
The same consultant met with an endangered species – a professional banker in Harare – and was told that when outflow exceeds inflow it is termed “overdrawn” in banking terms.
The consultant’s final case study was at the Reserve Bank of Zimbabwe. Professor Gono was asked how he would describe the problem when outflow exceeded inflow.
The reply was “what problem? You simply print more money in the form of $50,000 notes.”
GONOLOGIST, AustraliaPost published in: Uncategorized