The world’s worst central banker, Gideon Gono of Zimbabwe, gets a hearty chuckle out of the hyperinflation that has destroyed his country’s economy:
Of all the world’s central bankers, Zimbabwe’s gets the biggest — or at least the longest — salary. Mr. Gono won’t say how much he earns exactly as head of the Reserve Bank of Zimbabwe but does claim to have “more digits” on his pay slip that any of his peers. He earns trillions of Zimbabwe dollars. It now takes more than 16 billion of these to buy a single U.S. dollar. U.S. Federal Reserve Chairman Ben Bernanke earns only six figures, $191,300.
Ha, ha. Maybe he should be more direct and simply take credit for producing the world’s highest inflation. That’s something to be remembered for.