Economist Ashok Chakravarti said every new market takes time to settle in order to be fully functional, which is why the market was performing the way it was. But he called on the market to be free of controls that were determined by traders.
March 2019 archive
“It was a Ponzi scheme in the past,” said Ashok Chakravarti, an economist and lecturer at the University of Zimbabwe. “Especially in the Gono era, where that chap just kept printing money.” Gono didn’t answer a call to a mobile phone number he has used in the past.