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What's up with Zimbabwe's currency reset?
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Purpleskyz- Admin
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Join date : 2011-08-16
Location : Woodstock Nation
Re: What's up with Zimbabwe's currency reset?
President Mugabe of Zimbabwe is a stone cold idiot. Not sure what this woman is spouting, but its BS.
Mission1st- VIP Member
- Posts : 538
Join date : 2016-07-22
Age : 65
Location : Texas
Re: What's up with Zimbabwe's currency reset?
she says this paper is bonds also. so what does this mean?
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Purpleskyz- Admin
- Posts : 5765
Join date : 2011-08-16
Location : Woodstock Nation
Re: What's up with Zimbabwe's currency reset?
Purpleskyz wrote:she says this paper is bonds also. so what does this mean?
Landa have talked about this on their calls. It means the note can act as currency or as a historical bond, you know the ones worth billions/trillions of $$$. Not sure who considers them worth that much, but that is their story. Well, it is the "End Redeemer", but who is that and why are they so reluctant to pay out the billions and trillions? Oh yeah, the banking system is not safe. Wait, Dave Schmidt says it is safe now.
Landa, Dave and all the others should have their billions and trillions soon . . .
Red Panda- Forum Friend
- Posts : 141
Join date : 2016-07-27
Re: What's up with Zimbabwe's currency reset?
If this comes in 1 to 1 i will pay off the us national dept. There is no zim its junk monopoly money
Harold4187- Active Member
- Posts : 95
Join date : 2011-07-14
Re: What's up with Zimbabwe's currency reset?
Zimbabwe is releasing bonds valued at 1:1 with the USD. They are supposedly holding enough USD to back them ... we will see. Whether they will be accepted or maintain that valuation remains to be seen. They are attempting to get around the shortage of physical currency of any sort in country. My guess is that since they have not changed leadership or fiscal policies to any real degree, and still have minimal exports, it won't last long.
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Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
Re: What's up with Zimbabwe's currency reset?
People should get on their knees and offer prayers and praise if it ever got to .01 cent on the dollar.
Mission1st- VIP Member
- Posts : 538
Join date : 2016-07-22
Age : 65
Location : Texas
Re: What's up with Zimbabwe's currency reset?
I agree i would take a half cent. Would give me 15 mil
Harold4187- Active Member
- Posts : 95
Join date : 2011-07-14
Re: What's up with Zimbabwe's currency reset?
It will never get to anything. The bond issue is something completely different. They are issuing bonds as a substitute for currency in $2 and $5 dollar donations denominated in USD, and supposedly backed with physical currency.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
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