Top Tweets for #bondNotes
@chifarayi @abuhassan221 @JohnNhavira @baba_nyenyedzi @Jamwanda @mandishumba @shumbamutasa I’ve said the same thing bro but our economists are the copy & paste type of economists who swallow every aspect of western economic theory hook line & sinker. Banks create “money” every time they create a loan. That’s exactly how we ended up with #BondNotes
🚨 ZIM KING NEWS DROP 🚨
If you holding them #Zimbabwe $5 BILLION #AgroCheques – buckle up. These ain’t no regular #bondnotes, they ain’t #legaltender play-money. These are agriculture bonds straight outta Zim’s financial history – rare, slept-on, and right now? People fetching ’em for pennies on the dollar. 📈💸
Buy Safe Here 👉 https://t.co/uUSxhUBjFw
But here’s the kicker 👉 #revaluation is creeping, and when it snaps into place, if you got ANYTHING close to that $5B Agro Check… your whole life trajectory about to flip. 👍
This ain’t cap. The market don’t stay quiet forever. One day you wake up and the paper in your safe got more power than the #fiat in your account. 🌍🔥
Hold strong. Moves happen fast. History rewards the patient. 👊🏼💯
#ZimKing 👑 #AgroCheck5B #ZimbabweGold #ZimbabweCurrency #ZimbabweDollars
#BondNoteLegacy #CurrencyProphecy
#WealthShift #HiddenTreasure
#PapersToPower #RareCurrency
#LifeChangingNotes #TrillionaireVibes
#HoldStrong #FutureWealth
#CollectorsDream #GlobalRevaluation
The currency merry-go-round in Zimbabwe Continues.
From the
#BearersCheque, #AgroBonds to RTGS, #BondCoins, #BondNotes now ZiG, #StructuredCurrency,
According to Zim authorities, #BondNotes were a #StructuredCurrency backed up by @afrieximbank
Zimbabwe's new currency 'Zig' has been revealed
"With effect from today, banks shall convert the current Zimbabwe dollar balances to ZiG. Zimbabweans have 21 days to exchange ZWL notes for ZiG". says Governor John Mushayavanhu
@ReserveBankZIM
#ZiG #Bondnotes
We have walked this road before, Mr PS.
These experiments started with #BearerCheques, #AgroBonds to RTGS, #BondCoins, #BondNotes now ZiG, #StructuredCurrency, etc.
According to Zim authorities, #BondNotes were a #StructuredCurrency backed by a loan from @afreximbank.
What is different this time around?
We have walked this road before, Mr PS.
These experiments started with #BearerCheques, #AgroBonds to RTGS, #BondCoins, #BondNotes now ZiG, #StructuredCurrency, etc.
According to Zim authorities, #BondNotes were a #StructuredCurrency backed by a loan from @afreximbank.
What is different this time around?
Why would anyone doggedly make it their mission to fight Zimbabwe’s currency? Why would they turn themselves into a crusader in an effort sabotage all the endeavors to stabilize things in Zimbabwe? Rank Treachery.
So,
Appears @PicknPay #Zimbabwe are hedging themselves against loss by no longer giving #BondNotes as change for US$ payments but maputi in lieu thereof.
Who can blame them,
It’s the Zanu PF created fuckery.
August we vote for a conducive environment for business & us to thrive
@katunizi @SANDEJAQ @MthuliNcube They need to de-dollarise & issue a currency backed by gold or some “commodity”. Again the challenge here is no one trusts these guys with the economy. The USD creates a lot of problems for us bcoz we can’t print it when we need to that’s why we ended up with #BondNotes 🙏
@insightsPhathi @SANDEJAQ @munyati01 @Tafadzwa____ You need to go thru govt revenue & expenditure to see the size of the problem we've. Also it is dollarisation that necessitated the creation of #BondNotes frm which we never recovered. A dollarised economy creates electronic USD which needs to be matched at some point by real USD
I’ve raised this issue several times before. During GNU we ended up with too much electronic USD which was not backed up by real USD but by an imitation called #BondNotes & pegged at 1:1 to the USD. We’re here sleepwalking into the same situation. This is tragic @chifarayi
3/5
...less value in hard cash.
The Co.s doing this are the Co.s who normally front-run currency developments in Zim. They know what's coming b4 everyone else does.
For us ordinary folks, here's what it means:
The US$ you think you have in the bank aren't really US$s anymore.
@kudazimbabwe1 @AMakuyana @Thandzlk @SANDEJAQ @shumbamutasa @chifarayi @BantuPower @TinofaMutevedzi Bank loans create electronic money which has to be backed up by printing physical notes somewhere down the line. USD loans will create electronic USD but we can’t print USD. This is how we ended up with RTGS which was electronic money not backed up by real USD but #BondNotes🙏
The AXiS latest issue
Top Picks for the week :
- How the bond notes actually failed
- Will the gold coins save Zim?
- The valuation crisis
Full read: https://t.co/oTrYwsUWEp
#TheAXiSXXXVI #Yourweeklyread #goldcoins #bondnotes
@killerzivhu1 What goes round comes around bro. The guys who did survey work on your stands in Norton charged you in USD but you paid them in #BondNotes sighting the same regulations as well didn’t you? Now you think it’s not fair bcoz its being done on u? Inonzi karma it’s got no expiry date
#Zimbabwe 🇿🇼 is exhausting!
The Zim dollar died in early 2000s due to hyperinflation.
We introduced #BearerCheques but things got worse until USD.
We came in with #BondNotes
Recently, it has been RTGS, EcoCash or ZWL.
Now we are told we need another currency!
#Exhausted 🥱 😩
The river of time. A walk in the park.
@Stellmacher20
#nature #Edwardgardens #naturalworld #photooftheday #PhotographyIsArt #photography #photocinnthesis #photo #bondnotes
@gretagraceband @PMGilmartin #canon info @AbeShinzo
#江戸 #awesome #master #江戸 (#edo) #scholznotes
The river of time. A walk in the park.
#nature #Edwardgardens #naturalworld #photooftheday #PhotographyIsArt #photography #photocinnthesis #photo #bondnotes
@gretagraceband @PMGilmartin #canon info @AbeShinzo #covid 550
#江戸 #awesome #master #江戸 (#edo) #scholznotes
#Bulawayo Mpopoma residents demonstrate that the local #business is not treating them well by refusing #Bondnotes
@HRandBusiness @BizHumanRights
Many citizens are choosing to offload their ''#BondNotes'' in supermarkets as they are still accepting them. In all this madness the question still remains, who regulates such moves and is there a hidden driving force? @kubatana @womensvoicezw @TheFeedZW @YetTrust #Zimbabwe
Bond Notes Rejected @mawarirej @ProfJNMoyo @daddyhope @LynneStactia @StaceyFadzayi @Magi_BustopTv @Wamagaisa @WalpeAcademy @lilomatic @KuleVeZaka @OpenParlyZw @matigary @mawarirej @GGuvamatanga @ReserveBankZIM
Nyarai, a young female vendor from Mutoko, can’t use $2 & $5 #Bondnotes now becoz they are being rejected on the market! This is our plight in today’s Zim esp those in the #informalSector! @MthuliNcube pliz Fix the economy. @ZIMCODD1 @visetinfo
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