@@alihussein3841 the issue was not inflation its about devaluation . second Russia Iran and Afghanistan are on barter system. And only one thing can not solve whole economy problems .
There be no poor people in AFRIKA don’t you know about the people taking over running AFRIKA running mining look western AFRIKA follow us Signed this day HRH Queen Nancy Joan Kamara Off AFRIKA
Brilliant idea, the only problem is that it isn’t considerate for the poor.. they could either introduce silver coins or make other small gold coins that all can afford
@@betabotz4391 I hope so. But there's a west protocol to "keep them poor". And it's easy to keep a corrupt country poor. So gold is not the answer, since dozens countries could escaped from poverty without creating gold coins/currency. The key is: Anti-corrupt mindset.
Bulls*it. Gold is nothing more than a lump of yellow shining metal. You cannot eat it or drink it. When fiat currency (paper money) collapses NO ONE will have any money to BUY it.
You know that this isn't a new idea, but an idea submitted to the GCC or the golf Arab league by Mumar Ghadaffi years ago to get rid of the oil for American dollar which ultimately lead to the overthrow and death of Ghadaffi by my country the United States.
Very good initiative. The gold standard is the way to go. Fiat currency is always bound to crash whereas currency backed by gold retains or improves in value.
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver ....
@@shay3697 btc is shi t for poor countries . You think it's a hedge against inflation let's wait and see. I trade Bitcoin and all my prophets go into gold
@aadha-pakistanithis gold coin is made to help those and not the small business man. It creates a door way for the big boys savings out of country into bigger economies. So 🤷♀️
@aadha-pakistani that also would be selfish and screw the next generation. Silver is necessary to produce solar panels, buying it would make solar energy more expensive and thus renewable energy which is necessary for the next generation to live in a less polluted world. So 🤷♀️ whatever u are trying to defend is just selfish ignorant behaviour.
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.
The cost of the coin just tells you it's not made for the local community, but instead for the so called investors. The local population will continue suffering forever and ever.
It’ll help you economy in a lot of ways. Investors will employ citizens and pay them in gold. It’s a slow process, but it’s a brilliant move. You just need to brace for a foreign govt that might accuse and take out your leader
Strategic move, now Zimbabwe need to form alliance with other SADC nations and ensure all resources, trades and service are done in the gold currency. Botswana, South Africa, Namibia have a large gold deposit,this will be a win win situation for southern African nations if they can agree. Zimbabwe doing this alone is a recipe for another Gaddafi elimination and sanctions from US of A.
Zimbabwe is not Libya: Zimbabwean have one of the the highest political IQ on the planet. = you cant fool them. they will see a coup, a fake promise, a fake agenda A MILE AWAY! the public will 👀roll their eyes if you try it. ✬ ✭ ✮ ✯ ★ Robert Mugabe taught them every TRICK in the book ✬ ✭ ✮ ✯ ★ - you cant promise "democracy" = you have to give it 1st, then Zimbabweans will believe you - you cant promise " free meals, new schools, new roads; more jobs" classic lies from politicians NATO or the the USA or CHINA or anybody cannot go in there and promise anything. ask any politician in Zimbabwe its a tough crowd. 😬…😁you can smile all day long; but they are going need to see results. ---------------------------------- ZIMBABWE have the LARGEST un-minded gold reservior on the planet ---------------------------- the reason why the current government is in power (and unliked) is because the public smell the NATO boys on the opposition party. to get to this point. the current government flushed out the white boys. 1+1 = 2 the current government went to them for diplomacy: because moody was messy up their currency value. EU/US said not now; because a. white farmers land were taken away b. Mugabe is still around. after Mugabe died, Zim offered reparation to white farmers . went back and the EU/US/NATO still said no. is the difference between Libya and Zimbabwe: there have no more (👻)boogeyman for the west to object. and Zimbabwe saw their real face. Diplomacy was never their intention; human rights is not their deal breaker. not even environment; they went back to coal after Russian turn off the fuel. what can they do to Zimbabwe now? Zimbabwe did not mine their gold for this reason. after 2030 Africa will be very competitive , many regions will be wealthy and the gold is leverage for the rest of the century. Zimbabwe is located on the eastern bock: THE EAF is not playing games with nobody. THE AU will remove all political borders. free movement will be a thing. Tribal nations will take over their people I would not worry about outside; because the cold truth 🥶is the people you are worried about wont make it out of this century. they dont have the birthrate even now in 2022. 💪🏾💪🏾 the dog fight for world power is in Africa. and if no political border is establish; you cannot migrate into Africa if you dont belong to a TRIBE. African countries know china + nato will age out. 👵🏼, 🧓,👴 👵🏾 + will have crippling climate issue. 👆this is why I tell people Africa is the only chess player on the board.😁they will laugh last
@@LuxuryArchived Nothing will happen my friend. The way only to start wars and chaos is through the people. As Zimbabweans we have been living under severe conditions for many years and upto now no one is willing to pick a gun and start fighting. We know what wars cost. We don't have rebel groups or anything like that. People here always believe that there are better ways to solve problems rather than fighting. Moreover a lot of people are anti western so how do expect people to support their efforts here. Another thing is that the ruling party thugs are well aligned with China and Russia. That is where Mugabe was getting the power to say whatever he wanted without worrying about consequences.
Great start Zim...gold standard is the only way...silver and smaller denomination will also be needed for the main population...never the less moving away from the $ is definitely the right thing to do.👍
@@rlkinnard there are a lot of gold to make more than 2000 gold coin, the general idea is to back the money with real value instead of print them out and gave it value from thin air, threaten, sanction and blessing the "democracy value" to anyone who sell oil in another currency or create a currency that have real value....
Though this is a good move, it still benefits those who are already living above the poverty datum line. No civil servant or mine worker can afford that coin. So my question is, Is the inflation really gonna be curbed effectively enough to benefit everyone or just those who are already "up".
Most likely not. The only thing is that Government can't take up more debt and have to repay the debt, reduce the money supply from paying down the debt. Will probably not happen. But it should be like that and it will be deflationary.
Interesting way to look at it but I think the point is to reduce the demand for foreign currencies. Think about it, the persons targeted by this coin are those buying the dollars in doves thereby hiking its value. If the demand for the dollar reduces but I could be wrong. Just speculating 🤷🏻♂
@@Samuel.Mwangi How can you reduce the demand for FC when the general public is being paid in RTGS but have to look for $US when they want to buy groceries , pay for services and medication (including in the government facilities). I dont see any way its benefiting the general public, not anytime soon. Lets keep watching.
I confirmed it is a big deal for a dollar, when I witnessed so many angry westerners in this comment section. Bravo Zimbabwe! All Africa is with you! World transaction based on empty paper will be over soon.
@@bharatgaurav9528 Unfortunately you are Wrong Cornal gadifi wanted to introduce the gold dini in around 2011 he introduced the plan at the African conference at the time, if other countries wanted to buy 🇱🇾 oil they would have to buy their oil using gold dini, that's around the time 🇱🇾 was invaded re Rt. New coverage at the time🤔
Why? With Bitcoin the whole world is on the same system no matter where you live in the world. Also let's see how much you love it when you're leaving your country and the guard decides to take it from you
Silver and gold do not have inherent value any more than paper money does. They are seen as safer because there is a limited amount and cannot be printed from thin air.
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver ....
Great effort from Zimbabwe imagine if all of Africa government do the same,Africa has the gold the people and government of Africa just need to used it.
Why not silver? Much more helpful, affordable, and accessable to the average person. Silver is also easier to use for day to day transactions. It's something common people could use as money and savings. That gold coin is basically equivalent to a two thousand dollar bill, what average person can afford that???
There's no other options to tackle inflation but enough supplies of productions and harvesting of foods... Just keep giving support to the poor, What is the lesson we learn from the pandemic? The answer is to rely on your own, farming and fishing could save your people from famine and thirsty... Plants more trees and make more ponds to avoid hesttwaves and wild fires..
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver .....
I think this is the only way forward because the US keeps devaluing the Zim dollar at a hyper level and they will not be giving Zimbabwe a break anytime soon
Don’t think about it….Zimbabwe is totally different from other African country…the one who killed a lot of white and took their land back… keep on dreaming
Good Job Zimbabwe 👍Warning : Never Again Refer To The "Dollar" Exchange Rate If You Have Started With Gold Then The Reference Exchange Rate Must Be With Gold Again, Every Other Country That Wants To Do Transactions With Zimbabwe Must Have Gold, For Example If the United States Wants To Buy Apples From Zimbabwe Then The USA Must Pay With Gold
This is the strategy for this gold coin should be the following: 1. Create copper-gold alloyed coins denominated for the general public based on 1 GM of gold. Current rate of 1gm = $55.21 2. Make the following denominations: $100 coin containing 2 grams of gold alloyed with copper $50 coin containing 1 gram of gold alloyed with copper $25 coin containing .5 grams of gold alloyed with copper $10 coin containing .25 grams of gold alloyed with copper $5 coin containing .125 grams of gold alloyed with copper etc, etc, etc... This would make Zimbabwean currency the most desired in the world.
Yeah but what would Zimbabwe be producing that would warrant someone buying or trading in the Zimbabwean gold currency? If it's not producing much or doesn't have lax banking regulations for it to be a financial haven, it's all a waste of time tbh
@@ebisliva7700 Do you remember Rhodesia? It was the bread basket of southern Africa. Exporting wheat, tobacco and corn among other crops to the world. Improper management of Zimbabwean farms, the mass printing of a noncompetitive currency and sanctions from the Global North has left Africa as a net importer of those products. Now Ukraine supplies most of the wheat to Africa. The return of African owned large commercial farms is one of many ways to raise Zimbabwe's GDP and make the currency competitive in the Forex market.
@@harmoniousfrenchman8775 That is exactly what I was saying. Remember Rhodesia thrived even during sanctions so obviously the country is conducive for creating wealth. Zimbabwe has to implement Land Value Tax to capture rent from increased land prices while promoting production. It should reduce other taxes to promote foreign investment. It must also reduce corruption and promote meritocracy in government employment. None of these things will happen, because they involve hard work something the Zimbabwean government isn't used to.
@@ebisliva7700 Land Value Tax as opposed to property taxes. Reduce taxes thereby reducing the government's ability to deliver basic services, that's been tried everywhere in Africa and leads to companies that exploit this loophole and wind up never paying a cent of tax. I agree with meritocracy as being the basis for advancement. I disagree with the summary of your thesis, that all blacks are lazy which is a usual racist trope thrown around by white supremacists. Are you sure that you are of African decsent?
According to the latest figures from the Zimbabwe National Statistics Agency, the country's annual inflation rate reached 191% in the second quarter of the year. Jun 29, 2022 Zimbabwe gdp per capita for 2021 was $1,737, a 43.03% increase from 2020. Source: Macrotrends; Twenty Ten Daily 2:02
It could somehow work as suspension into inflation. Just the zimbabwe central bank should carefully consider how much gold the country has. Its OK to peg the money into gold, so the government will know when to stop printing money, which is when a lot of gold already circulated as zimbabwe gold coin.
They should make 1 gram coins for the regular folks. To make them less likely to get lost they can make the majority of the coin out of base metal with a 1 gram gold pellet embedded in the center.
Lol, what has the price of gold done in the last 10 years? Absolutely nothing, holding gold the last decade means you actually lost purchasing power due to inflation
This has 2 effects: producing a currency for the rich (savings) and easy way to leave the country for another one (no transfer money just a purse). If these rich people go to america to exchange it for dollars, for example, then the states increses its gold circulation. For the states, this is actually good 😂
Inflation cannot be controlled only by using different material in transactions. Its capabilities of the state to balance the supply to the peoples demand on different time series.
Very disappointed by the Governor of Zimbabwe Reserve Bank for failing to find a better solution than this gold coins..... the problem in Zim is political and as long as the Reserve bank is not independent to freely make monetary policy decisions and implement them then the results will be the same disastrous.... Zanu pf or the President of Zim should not have influence in how the Reserve Bank is run... 🏦 The Reserve should be independent and thats why they do not want to use other currences because they do not want to follow and implement the good monetary policies other countries have. I do not see anything coming out of any idea they can try as long as everything is controlled by Zanu Pf.... They know exactly that for an economy to move in a better direction there is need of increasing production and consumption simultaneously but is this gonna improve production or consumption? Is this gonna influence investors local or outside to start businesses in Zim and employ people.... they should not focus too much on politics and power but focus on bettering the economy and everyone will follow them.
Anx u good sir... All these people are saying good move bt in truth , this is an initiative has been designed by those "the government and their supporters" to curb any potential lose if the USD continues to decline in value. What ordinary Zimbabwean can afford to buy a gold token, especially now when a grt percentage of the country is operating on a hand to mouth manner.
for those complaining that life is hard in Zimbabwe, they don't pay mortgage, they don't have house repairs, they grow their own food, they basically own whatever they have and they complain, while in Switzerland, there is mortgage, car loan, and many other things that people take by credit. God gave Africans good weather and land, but the perennial complaint and begging is what is their problem here.
Just to note, the government is now in the works of adding denominations to the coin so that it can be traded further! 1 oz (standard) = $1800 1/2 oz = $900 1/4 oz = $450 1/10 oz = $180
Well, though the country might be experiencing severe liquidity issues, coming up with new currencies might not be the optimal solution. Focussing on local solutions for local problems would be the best approach.
You don't understand economics. Do you? Inflation is rising in Zimbabwe because there is too much printed currency notes in circulation. Gold coins have been introduced as a storage of wealth. So that people can trade Zimbabwe's currency and other foreign exchange for these gold coins. Zimbabwe govt. Is trying to withdraw all the currency notes that are currently circulating in the market. You are not allowed to use these gold coins for transactions.
So, the opposite of printing more money ? A deflationary effect by taking cash out of circulation ? Or just avoids having to print enough bills to keep up with inflation ?
At this point, their problem isn't bad policy, but no trust. No one trusts the local currency, that's why it keeps failling even though it doesn't print money to pay for loans anymore.
Printing paper money from thin air stokes inflation. Central banks have been printing paper money like confetti since 2009. Now the chickens have come home to roost. Inflation is now going to destroy our economies, savings and futures. Prepare for chaos.
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver .....
This is why you guys don't understand Zimbabwe This was made for you and it's beautiful it's a treasure you guys you don't want to come right why are you opposing again something that for you is what you want is just US dollars where you can get that money go to USA and stay there leave us with this zimbabwe and we're gonna use that quaint that's so simple you've been given sunshine you didn't complain against USA you complained only against the zimbabwe what's wrong with you this is something special for the people who love Zimbabwe 🇿🇼 and I am proud of you Zimbabwe These people complain it doesn't understand They make it clear that if you want to invest on the Zimbabwean Karen's this is something for you But you complain come on people
This is the FIRST positive move the government of Zimbabwe has made in the interests of the citizens...ever!! Theonly problem is that 99% of Zimbabweans can't afford this investment.
Double talk. It's in the best interests of the citizens or it is not. Obviously it only benefits the corrupt elite as most Zimbabweans don't even have a job.
Its sad that most think that Zimbabwe is structured like most countries yet it not. An ordinary citizen in Zim get gold claims and mine gold on their own. Some are even mining withought the gold calims and get something out of it
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver ......
Let's not be cynical. It means that soon their currency will soon be backed by gold. So, ordinary citizens will have paper currency backed on gold. You don't need to own the coin.
The problem with this effort is, it is self defeating. America prints dollar out of nothing and is printing so much and will buy their gold. Now America has their gold and they have a paper money. To be effective, they must not accept currency exchange if not backed up by gold. It must be a collective effort of nations though to switch to currency that is backed up by gold/silver to have major effect on inflation. In my opinion, they are just simply selling their gold to get more dollar reserve.
The primary cause of inflation in Zimbabwe is the reckless printing of money by the central bank. Gold coins will do exactly zero to address this problem. On the other hand, a genuinely gold backed currency - i.e. a real gold standard - would be an effective solution.
Wrong. The primary cause of inflation not only in Zimbabwe is following a failed monetary system of the few. A system only design for the benefit of the few who control this failed monetary system.
@@GolDRoger-fx2fp What few are you talking about that controls Zimbabwean Monetary system? Right now The Whole World is in this Babylonian Monetary Debt System that coexist with indentured and serfdom. Precious Metals are real money that has been suppressed for centuries on purpose! Artificial Money is poverty and must be backed by precious metals in ridding the world of inflation and hyperinflation. Nationalizing each nations makes their economy stronger. Just ask the "The Payseurs" "The Rothschilds" and "Vatican" why they usurped the world in a discreet matter! Their time is up! And a New Era is upon us for peace...and it's call Nesara Gesara QFS.
@@GolDRoger-fx2fp That's the big picture, yes. But the technical economic reason for the inflation is that the government is printing more money than there are products to buy with that money - i.e. reckless money printing.
@@marcusmoonstein242 That's the reason why they need to stop Printing money that's backed by thin air. In order for the world to reestablish their wealth back.
@@TheCharr1981 you don't know who are the few I'm talking about? They are the most wealthy and most powerful in terms of influence person in the planet. Do you know why in our modern time our money is already Fiat? This means it is not backed up by any precious metals like gold. They do that to easily controlled the money system. Even if some country go back before when money is not Fiat. How it can help the poor now if the value of that gold coin is to much of the average income of the family? Did you watch the video? Their gold coin is worth $1,000 when the average pensioner in that country only worth $16. They should also abolish the old system and revise it's rules that make income of the people enough for their everyday lives. If the cost of living in that country is $100 per month then why make a rule that make people's average income to be $100 per month? Go back to previous system is not enough if you still follow the rules of this failed monetary system and it's economic system which is more work less pay.
It looks like US human rights and democracy exports is set in motion by this Zimbabwe new development! Soon Zimbabwe will find itself being “liberated” by the “rules based world order”
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver ....
![Megan Thee Stallion - Neva Play (feat. RM) [Official Video]](http://i.ytimg.com/vi/TpYTyAaTRts/mqdefault.jpg)
They must also introduce silver coins and small gold coins which can be used by poor people and general public
It's sweet that you actually think this was done with the poor in mind!!
@@mosestsarai8565 🤣 good one
😂
@@alihussein3841 the issue was not inflation its about devaluation . second Russia Iran and Afghanistan are on barter system. And only one thing can not solve whole economy problems .
There be no poor people in AFRIKA don’t you know about the people taking over running AFRIKA running mining look western AFRIKA follow us
Signed this day
HRH Queen Nancy Joan Kamara
Off AFRIKA
Brilliant idea, the only problem is that it isn’t considerate for the poor.. they could either introduce silver coins or make other small gold coins that all can afford
People are not gonna be spending that lol. If they did people would hoard it
It also doesn't consider greedy people they could get this and melt the gold and sell it across the border.
They should have introduced Silver coins instead. Gold coins can be introduced latter after they are no longer in crisis.
@@greatninja2590 it's gonna cost 5% higher than the price of gold.
@@shadmansudipto7287 the coin will be detached from Zimbabwe dollars tho, why buy the gold that cost more than normal gold
Zimbabwe: We are pleased to announce our new currency.
America: Time to liberate Zimbabwe
This is true
Same thing happened with Lybia ( Gaddsfi )
Very true and you will hear something from the liberator (US) soon
Nah USA is the weakest it has ever been since the 1800s civil war. This is the best time
USA: Zimbabwean economy is dangerous for whole world.
This is a step towards right direction. Congratulations Zimbabwe! 🔥
This is the moment when Muammar Gadaffi was started became a west target.
@@nobodyjustme7481 freedom is on the way!
@@betabotz4391 I hope so. But there's a west protocol to "keep them poor".
And it's easy to keep a corrupt country poor. So gold is not the answer, since dozens countries could escaped from poverty without creating gold coins/currency. The key is: Anti-corrupt mindset.
@@nobodyjustme7481 you did not get it hehe.. freedom = murica
Hahah do you know anything about economics?
Now that is real money.
Freedom will visit Zimbabwe it looks like
Bulls*it. Gold is nothing more than a lump of yellow shining metal. You cannot eat it or drink it. When fiat currency (paper money) collapses NO ONE will have any money to BUY it.
Its rich people money for savings.
@@sareeyemanusqaame8723 maybe they have WMD?
Let Great Zimbabwe rise again. . . Let Africa rise again. . . Well done 👏👏👏
Its occupied rhodesia.
if Africa wants to be strong then united like a Afrika Union
Gaddafi wanted to do it that way but the world sees a threat
💯
Everyday 100 people are gunned down.
then it has to become rhodesia again
When this initiative, which is a positive move indeed, starts to work, America will also go to work.
America will kill Zimbabwe
Ya Right it won't be good for the Fed
You know that this isn't a new idea, but an idea submitted to the GCC or the golf Arab league by Mumar Ghadaffi years ago to get rid of the oil for American dollar which ultimately lead to the overthrow and death of Ghadaffi by my country the United States.
@@jonathankuaana2115 What’s the origin of your last name?
@@SeeLasSee Hawaiian, that's why I'm proud to say that I'm a Hawaiian by blood American by force. In 1893 America overthrew our government
Very good initiative. The gold standard is the way to go. Fiat currency is always bound to crash whereas currency backed by gold retains or improves in value.
Not really, lol
Fiat currency is better. You can't loan gold that doesn't exist
@@williamthebonquerer9181 the loan process is one of the many reasons why inflation goes out of hand. Fiat is terrible
Go watch and learn The gold standard has always crashed and burned whenever tried. Isis was the last to try it.
If we're talking about currency, gold, even if it made sense logistically, is not a good currency.
WOW! Great! Love and Respect to Zimbabwe from RUSSIA!
May you win the war , stand up to NATO bullies
Slava Russia 🇷🇺
Africa is in full collaboration with you.
Nooo not Africa...Just a few countries
How can “love and respect” come from warmongers?
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver ....
Lead the way, Zimbabwe! This is the solution for the whole world!
I’m pretty sure gadafi also was doing something similar didnt end well
@@lifeaddict Yeah, a good currency (for the economy) is something that you don't want to hold for too long.
The j e w s are eventually going to declare war in Zimbabwe because of this. And USA will have to follow along
Bitcoin and gold is good for poor countries
@@shay3697 btc is shi t for poor countries . You think it's a hedge against inflation let's wait and see. I trade Bitcoin and all my prophets go into gold
Those coins are for the rich. $1,800 or 30,600 South African Rands per coin, means that only a few Africans can keep them.
There will be releasing cheaper denomination later this year
@aadha-pakistani the romans had that concept and they too had inflation periods - it didn't work for them.
@aadha-pakistanithis gold coin is made to help those and not the small business man.
It creates a door way for the big boys savings out of country into bigger economies.
So 🤷♀️
@aadha-pakistani that also would be selfish and screw the next generation. Silver is necessary to produce solar panels, buying it would make solar energy more expensive and thus renewable energy which is necessary for the next generation to live in a less polluted world.
So 🤷♀️ whatever u are trying to defend is just selfish ignorant behaviour.
@@foxbat473 there is a reason why the rest of the world stopped putting precious metals into thier coins...
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.
I'm thinking of investing in the crypto market but taking my time to figure out how the whole thing works.
Investing in crypto is very volatile and risky which is why most successful investors trade with professional brokers
The real risk in the Crypto market is the risk of not investing, not the risk of short term price volatility.
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I once tried trading myself but made more losses than profits. I wouldn't suggest it to anyone
Great Act Zimbabwe, Love & Respect from Pakistan 🇿🇼❤️🇵🇰
🇿🇼✌🏾🇵🇰 We love you too Pakistan
They should have introduced Silver coins instead. Gold coins can be introduced latter after they are no longer in crisis.
Incredible, will definitely be keeping an eye on further developments, I hope for the best to the beautiful people in Zimbabwe
US Central Bank: You can't do that! The peasants will become RICH! :O
The cost of the coin just tells you it's not made for the local community, but instead for the so called investors. The local population will continue suffering forever and ever.
It’ll help you economy in a lot of ways. Investors will employ citizens and pay them in gold. It’s a slow process, but it’s a brilliant move. You just need to brace for a foreign govt that might accuse and take out your leader
@@oluwakushoddywayne135 right, it's a reason they abolished the gold standard in America.
This is so the wealthy stop losing money to inflation. As soon as you get paid, buy gold so it retains value
I have the same thinking as you do because this coin will be used and afforded by ZANU PF gurus not the general public!
@@oluwakushoddywayne135 stop day dreaming!
Strategic move, now Zimbabwe need to form alliance with other SADC nations and ensure all resources, trades and service are done in the gold currency. Botswana, South Africa, Namibia have a large gold deposit,this will be a win win situation for southern African nations if they can agree. Zimbabwe doing this alone is a recipe for another Gaddafi elimination and sanctions from US of A.
Zimbabwe is not Libya: Zimbabwean have one of the the highest political IQ on the planet. = you cant fool them. they will see a coup, a fake promise, a fake agenda A MILE AWAY! the public will 👀roll their eyes if you try it.
✬ ✭ ✮ ✯ ★ Robert Mugabe taught them every TRICK in the book ✬ ✭ ✮ ✯ ★
- you cant promise "democracy" = you have to give it 1st, then Zimbabweans will believe you
- you cant promise " free meals, new schools, new roads; more jobs" classic lies from politicians
NATO or the the USA or CHINA or anybody cannot go in there and promise anything. ask any politician in Zimbabwe its a tough crowd. 😬…😁you can smile all day long; but they are going need to see results.
---------------------------------- ZIMBABWE have the LARGEST un-minded gold reservior on the planet ----------------------------
the reason why the current government is in power (and unliked) is because the public smell the NATO boys on the opposition party.
to get to this point. the current government flushed out the white boys. 1+1 = 2
the current government went to them for diplomacy: because moody was messy up their currency value.
EU/US said not now; because a. white farmers land were taken away b. Mugabe is still around.
after Mugabe died, Zim offered reparation to white farmers . went back and the EU/US/NATO still said no.
is the difference between Libya and Zimbabwe: there have no more (👻)boogeyman for the west to object.
and Zimbabwe saw their real face. Diplomacy was never their intention; human rights is not their deal breaker. not even environment; they went back to coal after Russian turn off the fuel.
what can they do to Zimbabwe now? Zimbabwe did not mine their gold for this reason. after 2030 Africa will be very competitive , many regions will be wealthy and the gold is leverage for the rest of the century.
Zimbabwe is located on the eastern bock: THE EAF is not playing games with nobody.
THE AU will remove all political borders. free movement will be a thing. Tribal nations will take over their people
I would not worry about outside; because the cold truth 🥶is the people you are worried about wont make it out of this century. they dont have the birthrate even now in 2022.
💪🏾💪🏾 the dog fight for world power is in Africa.
and if no political border is establish; you cannot migrate into Africa if you dont belong to a TRIBE.
African countries know china + nato will age out. 👵🏼, 🧓,👴 👵🏾 + will have crippling climate issue.
👆this is why I tell people Africa is the only chess player on the board.😁they will laugh last
Zimbabwe has been under sanctions for years now.
Khadafi was killed exactly for this reason, Zimbabwe should expect serious problems from the west
@@LuxuryArchived Nothing will happen my friend. The way only to start wars and chaos is through the people. As Zimbabweans we have been living under severe conditions for many years and upto now no one is willing to pick a gun and start fighting. We know what wars cost. We don't have rebel groups or anything like that. People here always believe that there are better ways to solve problems rather than fighting. Moreover a lot of people are anti western so how do expect people to support their efforts here. Another thing is that the ruling party thugs are well aligned with China and Russia. That is where Mugabe was getting the power to say whatever he wanted without worrying about consequences.
Hopefully USA doesn't liberate southern African countries ..
you do know this is just a way for them to smuggle gold to Dubai legally.
let it be. better than inflation eating hard earn money
That’s exactly what I’m wondering, what happens if they start melting the gold and use it outside Zimbabwe?
Great start Zim...gold standard is the only way...silver and smaller denomination will also be needed for the main population...never the less moving away from the $ is definitely the right thing to do.👍
Why is the gold standard the only way?
@@user-ux2kk5vp7m There are only 2000 gold coins for 5 million people. That has to be the best idea in the world to run an economy
They should have introduced Silver coins instead. Gold coins can be introduced latter after they are no longer in crisis.
@Evana Fluck The russian economy is imploding. How about the golden yuan?
@@rlkinnard there are a lot of gold to make more than 2000 gold coin, the general idea is to back the money with real value instead of print them out and gave it value from thin air, threaten, sanction and blessing the "democracy value" to anyone who sell oil in another currency or create a currency that have real value....
Though this is a good move, it still benefits those who are already living above the poverty datum line. No civil servant or mine worker can afford that coin. So my question is, Is the inflation really gonna be curbed effectively enough to benefit everyone or just those who are already "up".
Most likely not. The only thing is that Government can't take up more debt and have to repay the debt, reduce the money supply from paying down the debt. Will probably not happen. But it should be like that and it will be deflationary.
Intresting point
What about a silver coin for the man in the street.
Interesting way to look at it but I think the point is to reduce the demand for foreign currencies. Think about it, the persons targeted by this coin are those buying the dollars in doves thereby hiking its value. If the demand for the dollar reduces but I could be wrong. Just speculating 🤷🏻♂
@@Samuel.Mwangi How can you reduce the demand for FC when the general public is being paid in RTGS but have to look for $US when they want to buy groceries , pay for services and medication (including in the government facilities). I dont see any way its benefiting the general public, not anytime soon. Lets keep watching.
Glory to Zimbabwe✊ show the world you done with getting scammed
I hope this idea spreads throughout the whole african continent. Le's see what US will do about this
They will kill them.Thats how Gaddafi died.
They will be wetting their pants!
Produce the things you would buy with the coins 🙄
@@angelochoameireles fax
They will repeat what they have done before
I confirmed it is a big deal for a dollar, when I witnessed so many angry westerners in this comment section. Bravo Zimbabwe! All Africa is with you! World transaction based on empty paper will be over soon.
The transaction is paper being backed by oil
Long love gaddafi this was his dream and vision may his him memory and legacy live on bravo Zimbabwe
Very few people will afford it. Zimbabwe is going through hard times.
@@rufaroshumba08 it's a move in the right direction.
The idea of going back to the gold standard.
No, it was Saddam Hussain who wanted to do this.
@@bharatgaurav9528 another great man lost to the colonial powers
@@bharatgaurav9528
Unfortunately you are Wrong Cornal gadifi wanted to introduce the gold dini in around 2011 he introduced the plan at the African conference at the time, if other countries wanted to buy 🇱🇾 oil they would have to buy their oil using gold dini, that's around the time 🇱🇾 was invaded re Rt. New coverage at the time🤔
Hats off. Gold is timeless. I will always love it more than cryptos.
Why? With Bitcoin the whole world is on the same system no matter where you live in the world. Also let's see how much you love it when you're leaving your country and the guard decides to take it from you
@@RoolSkool gold is currency everywhere bitcoin not so much
@@oneofthoseguys2019 so you can go into your local grocery store and pay them in gold?
@@RoolSkool yes
@@oneofthoseguys2019 where is this if you don't mind me asking
This is something that every country should have done from the start. SIlver and gold are things of actual valiue
I don't really like gold in form of currency but to be used in semiconductors.
Silver and gold do not have inherent value any more than paper money does. They are seen as safer because there is a limited amount and cannot be printed from thin air.
@@snekula5353
Paper money was supposed to derive its value corresponding to the amount of gold reserve present.
@ABZ
It was, it no more is.
What value do they have? It's just a piece of metal.
At least they now understand the downside of fiat currency. Bring back the gold standard. Way to go Zimbabwe!
Humanity, peace, harmony and unity are the main principles for the development of a country.
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver ....
I'm next to Zimbabwe, I love the IDEA. It will help so much with the inflation.
Top move Zimbabwe. 👏👏👏👏👏
They should mint smaller coins as well.
Exactly what I thought, they should do smaller gold coins as well as silver coins so that ordinary people can use it and save it.
You can't use these every day . Do they even have that much gold lol
Yes they shud attempt a coin that is like hallf the size of this....and also silver coins shud be considered
🇧🇷😂😂👎🤦🏼
Inflação foi criada pelo o governo.
They should have introduced Silver coins instead. Gold coins can be introduced latter after they are no longer in crisis.
Zimbabwe : introduced gold coin
USA : now we're gonna help you sincerely
Great effort from Zimbabwe imagine if all of Africa government do the same,Africa has the gold the people and government of Africa just need to used it.
We are heading there slowly.
They should have introduced Silver coins instead. Gold coins can be introduced latter after they are no longer in crisis.
Good initiative My Zimbabwean brothers, All love from SA
Why not silver? Much more helpful, affordable, and accessable to the average person. Silver is also easier to use for day to day transactions. It's something common people could use as money and savings. That gold coin is basically equivalent to a two thousand dollar bill, what average person can afford that???
I agree 100%,,,,,,,,,Gold is a store of value SILVER is for currency AND a store of value..
Make both. Silver coins more accessible to more people for everyday currency, gold coins for protecting your money.
Zimbabwe doesn't have silver I think. They have alot if gold reserves though.
@@shaheen7995 Easily solved, gold can buy about 90 ounces of silver per ounce of gold.
@@shaheen7995 you've hit the nail on the head..
This is a great deal to save a country's economy.
This is not good. You just can't risk this. This is playing with fire, America may occupy your country, you must hide the wealth of your country.
There's no other options to tackle inflation but enough supplies of productions and harvesting of foods...
Just keep giving support to the poor,
What is the lesson we learn from the pandemic? The answer is to rely on your own, farming and fishing could save your people from famine and thirsty... Plants more trees and make more ponds to avoid hesttwaves and wild fires..
True
Yep, IMF, World Bank or China will not not save you, you have to save yourselves.
Guess who chased the white faming community out of Zimbabwe?? You reap what you sow.
Permaculture and regenerative farming corridors is the answer is the solution all countries should be thinking about.
Down with the agro-lobby.
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver .....
I think this is the only way forward because the US keeps devaluing the Zim dollar at a hyper level and they will not be giving Zimbabwe a break anytime soon
COMMUNISM IS THE PROBLEM, NOT THE USA
Go Zimbabwe ♥️
Murakoze is thank you 🇷🇼♥️🚀🔥🚀
Bravo Zimbabwe 🇿🇼 👏 🙌 👍 👌
Allah help Zimbabwe, good work ❤️
Zimbabwe needs Vadzimu and Madlozi and not Allah.
May Allah help Zimbabwe to get over its economic crisis.
Freedom & democracy is on the way 🇺🇲🇺🇲🇺🇲
Don’t think about it….Zimbabwe is totally different from other African country…the one who killed a lot of white and took their land back… keep on dreaming
Which country will that be in then? You believe in too many fairytales.
@@stevenhull5025 yOu BeLiEvE iN tOo MaNy fAiRytALe
Lol Too late China here already.
Good Job Zimbabwe 👍Warning :
Never Again Refer To The "Dollar" Exchange Rate If You Have Started With Gold Then The Reference Exchange Rate Must Be With Gold Again, Every Other Country That Wants To Do Transactions With Zimbabwe Must Have Gold, For Example If the United States Wants To Buy Apples From Zimbabwe Then The USA Must Pay With Gold
This is the strategy for this gold coin should be the following:
1. Create copper-gold alloyed coins denominated for the general public based on 1 GM of gold.
Current rate of 1gm = $55.21
2. Make the following denominations:
$100 coin containing 2 grams of gold alloyed with copper
$50 coin containing 1 gram of gold alloyed with copper
$25 coin containing .5 grams of gold alloyed with copper
$10 coin containing .25 grams of gold alloyed with copper
$5 coin containing .125 grams of gold alloyed with copper
etc, etc, etc...
This would make Zimbabwean currency the most desired in the world.
First of all the currency should be pegged against gold or usd. And imports should not exceed exports
Yeah but what would Zimbabwe be producing that would warrant someone buying or trading in the Zimbabwean gold currency? If it's not producing much or doesn't have lax banking regulations for it to be a financial haven, it's all a waste of time tbh
@@ebisliva7700 Do you remember Rhodesia? It was the bread basket of southern Africa. Exporting wheat, tobacco and corn among other crops to the world. Improper management of Zimbabwean farms, the mass printing of a noncompetitive currency and sanctions from the Global North has left Africa as a net importer of those products. Now Ukraine supplies most of the wheat to Africa. The return of African owned large commercial farms is one of many ways to raise Zimbabwe's GDP and make the currency competitive in the Forex market.
@@harmoniousfrenchman8775 That is exactly what I was saying. Remember Rhodesia thrived even during sanctions so obviously the country is conducive for creating wealth.
Zimbabwe has to implement Land Value Tax to capture rent from increased land prices while promoting production. It should reduce other taxes to promote foreign investment. It must also reduce corruption and promote meritocracy in government employment. None of these things will happen, because they involve hard work something the Zimbabwean government isn't used to.
@@ebisliva7700 Land Value Tax as opposed to property taxes. Reduce taxes thereby reducing the government's ability to deliver basic services, that's been tried everywhere in Africa and leads to companies that exploit this loophole and wind up never paying a cent of tax. I agree with meritocracy as being the basis for advancement. I disagree with the summary of your thesis, that all blacks are lazy which is a usual racist trope thrown around by white supremacists. Are you sure that you are of African decsent?
The Next real winner. Congrats
I need to go to Zimbabwe and get a few. They'll be collectibles and won't lose value.
You might as well collect Zimbabwe trillion dollar notes whilst you are there as well.
@@stevenhull5025 good luck finding those.
To go in Zimbabwe and buy these coins, it means you are enriching ZANU PF gurus!
Definitely a positive move
Best of luck flower brother
Beautiful 💖🥰
Love your real Task
Worlds best idea
And
old is gold
According to the latest figures from the Zimbabwe National Statistics Agency, the country's annual inflation rate reached 191% in the second quarter of the year. Jun 29, 2022
Zimbabwe gdp per capita for 2021 was $1,737, a 43.03% increase from 2020.
Source: Macrotrends; Twenty Ten Daily
2:02
It could somehow work as suspension into inflation. Just the zimbabwe central bank should carefully consider how much gold the country has. Its OK to peg the money into gold, so the government will know when to stop printing money, which is when a lot of gold already circulated as zimbabwe gold coin.
I hope Zimbabwe doesn’t get the same treatment as Libya because of this
A country trying to better itself. A rare sight. ❤️
its been destroyed by a single political party for decades, now they introduce a coin and you praise them
They should make 1 gram coins for the regular folks. To make them less likely to get lost they can make the majority of the coin out of base metal with a 1 gram gold pellet embedded in the center.
Great Zimbabwe 👍🏻👍🏻
Excellent initiative indeed. American is crying by watching this
What no this is part of the plan lmao.
No! Soon enough US will rescue Zimbabwe government from “his own people”
Lol, what has the price of gold done in the last 10 years? Absolutely nothing, holding gold the last decade means you actually lost purchasing power due to inflation
Do you really believe the USA is concerned about a corrupt bankrupt basket case of a country like Zimbabwe?
This has 2 effects: producing a currency for the rich (savings) and easy way to leave the country for another one (no transfer money just a purse).
If these rich people go to america to exchange it for dollars, for example, then the states increses its gold circulation.
For the states, this is actually good 😂
Zimbabwe is next level.
They should make silver , bronze and Gold Lite coins which can be sold at a cheaper price
USA: Hello Zimbabwe, I think Mr. Freedom will be on their way.
Nice move Zimbabwe
I want one !
Inflation cannot be controlled only by using different material in transactions. Its capabilities of the state to balance the supply to the peoples demand on different time series.
You're surely right about that. No doubt
Absolutely, one day you'll find their people buying candy using gold
But gold is not just any material, it has indestructible value. Zim should have done it sooner. But, NATO would have invaded.
Maybe you don't know the history of Zimbabwe, thats why you are saying this.
Once you implement socialism on a desert soon after you run out of sand.
Big brother is watching, and won't let Zimbabwe get away with it.we know he won't rest until he capture this beautiful country again
Very disappointed by the Governor of Zimbabwe Reserve Bank for failing to find a better solution than this gold coins..... the problem in Zim is political and as long as the Reserve bank is not independent to freely make monetary policy decisions and implement them then the results will be the same disastrous.... Zanu pf or the President of Zim should not have influence in how the Reserve Bank is run... 🏦 The Reserve should be independent and thats why they do not want to use other currences because they do not want to follow and implement the good monetary policies other countries have.
I do not see anything coming out of any idea they can try as long as everything is controlled by Zanu Pf.... They know exactly that for an economy to move in a better direction there is need of increasing production and consumption simultaneously but is this gonna improve production or consumption? Is this gonna influence investors local or outside to start businesses in Zim and employ people.... they should not focus too much on politics and power but focus on bettering the economy and everyone will follow them.
Anx u good sir... All these people are saying good move bt in truth , this is an initiative has been designed by those "the government and their supporters" to curb any potential lose if the USD continues to decline in value. What ordinary Zimbabwean can afford to buy a gold token, especially now when a grt percentage of the country is operating on a hand to mouth manner.
Policies should be made to make value circulate, not stay at home
Finally!!
backpack is ready.
moving to Zimbabwe
They should launch the end of ZANU-PF Project. They've absolutely ruined Zimbabwe.
gaddafi lives in the memory of many africans. good on Zimbabwe. this makes me very happy. we will be one nation one day
"market rate for a gram of gold"
A gram? I think you mean an ounce. Way too big to be a gram.
for those complaining that life is hard in Zimbabwe, they don't pay mortgage, they don't have house repairs, they grow their own food, they basically own whatever they have and they complain, while in Switzerland, there is mortgage, car loan, and many other things that people take by credit. God gave Africans good weather and land, but the perennial complaint and begging is what is their problem here.
Just to note, the government is now in the works of adding denominations to the coin so that it can be traded further!
1 oz (standard) = $1800
1/2 oz = $900
1/4 oz = $450
1/10 oz = $180
They could also start a silver coin for day to day buy and sell. And also I think it’s a wonderful step.
Well, though the country might be experiencing severe liquidity issues, coming up with new currencies might not be the optimal solution. Focussing on local solutions for local problems would be the best approach.
You don't understand economics. Do you? Inflation is rising in Zimbabwe because there is too much printed currency notes in circulation.
Gold coins have been introduced as a storage of wealth. So that people can trade Zimbabwe's currency and other foreign exchange for these gold coins. Zimbabwe govt. Is trying to withdraw all the currency notes that are currently circulating in the market. You are not allowed to use these gold coins for transactions.
God save them from evil people .
And may they prosper
So, the opposite of printing more money ?
A deflationary effect by taking cash out of circulation ?
Or just avoids having to print enough bills to keep up with inflation ?
At this point, their problem isn't bad policy, but no trust. No one trusts the local currency, that's why it keeps failling even though it doesn't print money to pay for loans anymore.
@@Dotcando " In Gold We Trust " 😏
Printing paper money from thin air stokes inflation. Central banks have been printing paper money like confetti since 2009. Now the chickens have come home to roost. Inflation is now going to destroy our economies, savings and futures. Prepare for chaos.
This is a money making scheme for the minter. 1800us when the market value of the gold is 1600.... Who banks the 200
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver .....
People buying for normal day purchase ❎
People buying for collectable ✅
The need a smaller coin , this is a good idea but the current coin will be more suited for local business transaction
Real coin unlike crypto's Bitcoin. I hioe Zimbabweans accet and support this initiative as well as other african countries
Looks like Zimbabwe is going to be "liberated" soon by the West.
Which west? The west has its own problems to be honest. They come to benefit themselves. Africa needs African solutions for African problems.
@@nayanacouture3523 you don't get the joke, he's trying to say that they might fo what they did to Libya
This is why you guys don't understand Zimbabwe This was made for you and it's beautiful it's a treasure you guys you don't want to come right why are you opposing again something that for you is what you want is just US dollars where you can get that money go to USA and stay there leave us with this zimbabwe and we're gonna use that quaint that's so simple you've been given sunshine you didn't complain against USA you complained only against the zimbabwe what's wrong with you this is something special for the people who love Zimbabwe 🇿🇼 and I am proud of you Zimbabwe These people complain it doesn't understand They make it clear that if you want to invest on the Zimbabwean Karen's this is something for you But you complain come on people
This is the FIRST positive move the government of Zimbabwe has made in the interests of the citizens...ever!! Theonly problem is that 99% of Zimbabweans can't afford this investment.
Double talk. It's in the best interests of the citizens or it is not. Obviously it only benefits the corrupt elite as most Zimbabweans don't even have a job.
What is the use of Gold coin if it can only be for those who are only. The poor of the poorest will remain the same so?
Its sad that most think that Zimbabwe is structured like most countries yet it not. An ordinary citizen in Zim get gold claims and mine gold on their own. Some are even mining withought the gold calims and get something out of it
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver ......
Excellent initiative of this century.
There is always a solution ....God help Zimbabwe, love from Tanzania.
Africa Arise and Shine,Your time is Now..!!!
Let's not be cynical. It means that soon their currency will soon be backed by gold. So, ordinary citizens will have paper currency backed on gold. You don't need to own the coin.
A resplendent initiative by Zimbabwe government...thank you
This is exactly what Gaddafi wanted. We all know the US of A did to Libya.
The problem with this effort is, it is self defeating. America prints dollar out of nothing and is printing so much and will buy their gold. Now America has their gold and they have a paper money. To be effective, they must not accept currency exchange if not backed up by gold. It must be a collective effort of nations though to switch to currency that is backed up by gold/silver to have major effect on inflation. In my opinion, they are just simply selling their gold to get more dollar reserve.
About time…good move….Zimbabweans about to get 🤑
They should make fractional or silver coin for average people, not many people can afford gold with $1000+++ market price value per coin.
The primary cause of inflation in Zimbabwe is the reckless printing of money by the central bank. Gold coins will do exactly zero to address this problem. On the other hand, a genuinely gold backed currency - i.e. a real gold standard - would be an effective solution.
Wrong. The primary cause of inflation not only in Zimbabwe is following a failed monetary system of the few. A system only design for the benefit of the few who control this failed monetary system.
@@GolDRoger-fx2fp What few are you talking about that controls Zimbabwean Monetary system? Right now The Whole World is in this Babylonian Monetary Debt System that coexist with indentured and serfdom. Precious Metals are real money that has been suppressed for centuries on purpose! Artificial Money is poverty and must be backed by precious metals in ridding the world of inflation and hyperinflation. Nationalizing each nations makes their economy stronger. Just ask the "The Payseurs" "The Rothschilds" and "Vatican" why they usurped the world in a discreet matter! Their time is up! And a New Era is upon us for peace...and it's call Nesara Gesara QFS.
@@GolDRoger-fx2fp That's the big picture, yes. But the technical economic reason for the inflation is that the government is printing more money than there are products to buy with that money - i.e. reckless money printing.
@@marcusmoonstein242 That's the reason why they need to stop Printing money that's backed by thin air. In order for the world to reestablish their wealth back.
@@TheCharr1981 you don't know who are the few I'm talking about? They are the most wealthy and most powerful in terms of influence person in the planet.
Do you know why in our modern time our money is already Fiat?
This means it is not backed up by any precious metals like gold.
They do that to easily controlled the money system.
Even if some country go back before when money is not Fiat.
How it can help the poor now if the value of that gold coin is to much of the average income of the family?
Did you watch the video?
Their gold coin is worth $1,000 when the average pensioner in that country only worth $16.
They should also abolish the old system and revise it's rules that make income of the people enough for their everyday lives.
If the cost of living in that country is $100 per month then why make a rule that make people's average income to be $100 per month?
Go back to previous system is not enough if you still follow the rules of this failed monetary system and it's economic system which is more work less pay.
The world used the gold standard - now Zimbabwe is trying to go back to gold to help which works... if they dont oversupply gold
This is such a great idea. I think all countries should adopt this in some form or another.
I'm from Malaysia...i support this
That is a beautiful well designed coin.
Looks like Zimbabwe is going to get some freedom.
It looks like US human rights and democracy exports is set in motion by this Zimbabwe new development! Soon Zimbabwe will find itself being “liberated” by the “rules based world order”
Excellent decision
Zimbabwe can face serious consequences from the US.
Bring it on they Sunction us so what yoo
US doesn't care, nobody really cares about Gold anymore its not 1970
Why... All this does is make sure people use the US dollar to get this coin.. Then sell this coin to get us dollar... Just thinking
*"American Freedom"* Is coming for the Central Bank of Zimbabwe.
Building own space station needs more silver than crypto currency buy silver silver nitrate is used in rocket fuels and pharma industry... cheap electronic s are making without using silver ....
Looks like Zimbabwe needs some Freedom..