Who do you think were the losers from the devaluation


Problem

Zimbabwe devalued its currency in mid-2006 essentially turning a $20,000 Zimbabwe bill into a $20 bill. People were permitted only 3 weeks to turn in their old currency for new notes, individuals were limited to $150 a day, and companies were restricted to $7,000. Who do you think were the losers from this devaluation, especially considering its limited turn-in period for the old currency?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Who do you think were the losers from the devaluation
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