Zimbabwe STUNS WORLD With NEW Gold-Backed Currency: A Bold Move or a Path to Libya's Fate?
Zimbabwe’s gold-backed currency, the ZiG, has taken the financial world by storm. But could this bold move lead to a fate similar to Libya’s? We explore the potential consequences of challenging the US dollar’s dominance and the innovative strategies Zimbabwe has employed to protect their economy. Farai Mara, spokesperson for Zanu P.F., reveals the astounding growth Zimbabwe has achieved despite facing unique challenges. However, skeptics like Professor Steve Hanke doubt the ZiG’s success and call for full dollarization. As the ZiG gains ground and Zimbabwe implements targeted policies to promote its usage, the question remains: will this be the key to Zimbabwe’s economic liberation, or will they face the same tragic fate as Libya? Join us as we delve into this fascinating story and uncover the truth behind Zimbabwe’s daring move.
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America MUST leave the "federal reserve" because it is controlled by FOREIGN BANKERS! America MUST bring the GOLD, SILVER BACKED DOLLAR BACK into SERVICE! The FACK paper "money" is only based on "faith". Our American dollare has lost close to 90% of its TRUE VALUE!
If you go back to when the Fed was established in 1913, I'd say the dollar is worthless, much like every other currency in every other country. As long as the Central Banks are allowed to print money without it being backed by anything and printing as much as it wants, the debt will be unlimited, but the interest will ALWAYS be due on that debt. Zimbabwe was expected to be the first to go back to sound money. Iraq was invaded and looted because it was about to issue a gold backed Dinar, same with Ghedaffi in Libya. The Rothchild's can't have sound money, otherwise they will lose control!! But they have been hunted to extinction now and have been cutoff from any power. "The Fed is dead"! Apparently the Vietnamese Dong is next to go Gold backed.