More fuelery from Mad Bob

MORE cigarette box economic thinking from Zimbabwe. The lunatics running the Zimbabwe asylum have now banned the practice of importing fuel and paying for it with foreign currency -- the Zimbabwe dollar having been reduced to the status of banana leaves or high quality toilet paper. Quite how this is going to solve the petrol and diesel shortage is beyond comprehension, but it seems that the idea is to stop people making huge profits -- profit being a dirty word to those graduates from Russia's Lumumba University who runs things there. Last year motorists were allowed to buy fuel at state-designated filling stations with foreign currency. Then as now the government said it was trying to control corruption and black market trading. Supply and demand theory being a nasty capitalist idea designed by colonialists, old Mad Bob and his cronies think that they can pass legislation to make everything right. They will be proved wrong again, of course, but more important still, it will mean that the foreign exchange sent back to Zimbabwe by the millions now living abroad (which has been propping up the regime) will now probably finance the exit plans of the elite who, as we write, are no doubt studying airline schedules to the Far East.