"Re: Understanding ZIM Math" by MacMandeere - 3.19.17
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|Subject: "Re: Understanding ZIM Math" by MacMandeere - 3.19.17 Mon Mar 20, 2017 12:22 am|| |
"Re: Understanding ZIM Math" by MacMandeere - 3.19.17Since this was requested to be reposted, and was flawed the first time around.... This 2nd time around I can't ignore the flaws in this logic anymore.... So here goes....http://www.dinardaily.net/t57997-understanding-zim-math-guest-post-by-one-who-believesThis is a prime example of how ill equipped with understanding many of these internet guru's are in attempting to teach those of the new wealth that many of us may enjoy when this ride is over.
First off, no one knows the rates. The gurus get most of their information from bankers and disinformation junkies. The NPTB are entrapping the bankers so neither group of information can be trusted to be accurate let alone being vetted.
So for the sake of argument, Say the ZWR 2008 series AA (NOT ZWD) exchanges at 1:1 to the USD... I will personally be very pleased. I have seen as much as 2.15-2.25USD to 1ZWR.
With that all established, this first part of OWK's article is great.... All the way down to this section: Question: What are you going to buy with that? IBM? XEROX? APPLE? ???? Frankly if you could buy everything you could think of, I doubt that you could get up to one Trillion dollars and then you would still have 99 Trillion left. I think that you can begin to realize that is way more money than you can spend on ANYTHING!
That begs the Question: "If there is not enough companies to buy and invest in, then where are you going to invest that money?" That is a Good Question, and I have the answer: Structured Pay Outs.At this point, all is good. Making note that one person could easily every public company and still have trillions left. This is a great point. But this very same point is what marks the flaws in the rest of the math lesson.Structured Pay Outs offer you a place to store amounts of money that are so huge that there is really no other place to put it. The way I understand this investment, is that you allow the Bank to hold it for a certain period of time during which they pay you quarterly interest. When that period of time ends, you get all your money back unless you want to reinvest it with them again. Not only is this a place to keep your money, but they offer you interest, a return on your money while it is stored there.
What would this look like money wise?
Let's use the tiny interest rate of just 1%. If you placed your $100 Trillion USN in a structured Payout with only a 1% payout, you would get $1 Trillion per year Interest, which is $250 Billion Dollar Payout every 90 days. What if you got 4%? That would be $4 Trillion Interest per year, which is $1 Trillion Dollars paid to you every 90 Days. How would you spend that?If this rate is going to be offered and collected on by several thousand of us, and knowing that there are not enough places for one person to invest, HOW ON GODS GREEN EARTH, are the banks going to be able to invest all those Quadrillions to give you a 1%, 4% or -8% (he goes on to say later)???
Its NOT going to happen.
People, if this scenario does prove out to be true, FORGET EARNING INTEREST! It's not possible. The reality of the situation is, if you go with a bank, you will be on the private side bank. You may, like in my case, have a whole building of a Bank that my foundation runs out of. We will be paying the bank for services, staff and space. The banks will make money off of us, not the other way around.
IF you want to make more money, then you are going to have to get into a new technology and produce something. Buy McDonalds take it private and convert it to selling food that the body can digest again, instead of this fake food. Pay a real living wage to produce real food. What a concept.
The point is this. IF we really are going to be handed trillions of dollars to rebuild the world, then what do I need with interest income from a bank? I am going to have a 100 year structured payout. 1x100T ZWR is 1 trillion a year for 100 years. the US bailed out the entire banking and insurance and Auto manufacturing will less than 1 trillion.
Personally, I will buy government bonds, mostly 3rd world long term bonds, I will most likely buy a few companies. I will be creating several. They will be started set up and made debt free! Then set in motion to produce things this the world needs at a reasonable cost. Money will be making money.
Now for those that do not hold the long-shot ZWR, then OWK's post is a perfect plan. Invest most of your funds to make you money! Use the banks, investment houses and whatever else is available. Let those that know how to invest do the work and let them make a living creating an income stream so you can rebuild cities and neighborhoods.
With those holding quantities of the ZWR's You will be rebuilding countries creating new technologies and defining the quality of life on this and other planets in our solar system for the next 400 years.
P.S. Will someone please tell people the the ZWD is dead and is not in print. The 2008 AA series which we all have is the ZWR. Stop look at anything that reports a value for the ZWD. That is just old data lying unchanged in the systems.
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|Subject: Re: "Re: Understanding ZIM Math" by MacMandeere - 3.19.17 Mon Mar 20, 2017 9:09 am|| |
Uh...MacMandeere...2008 AA series has been defunct since 2009. In fact, 2008 AA series only lasted 6 MONTHS due to hyperinflation, and was replaced!
Zimbabwe has no sovereign currency. Nobody can explain with math or economics why or how a currency that was decommissioned 8 years ago will suddenly make millions of people trillions of USD. Why is the 2008 AA the only defunct Zimbabwean currency that will have value? Why are the others worthless, but the 2008 AA will be worth something? Everybody holding a single 100B note from 2008 AA series will receive 100B USD at time of exchange?
I love his PS, too...PS: will somebody tell MacMandeere that ALL Zimbabwean currencies are dead and worthless?
The paper money of Zimbabwe were physical forms of Zimbabwe's four incarnations of the dollar ($ or Z$) from 1980 to 2009. The banknotes of the first dollar replaced those of the Rhodesian dollar at par in 1980 following the proclamation of independence. The Reserve Bank of Zimbabwe issued most of the banknotes and other types of currency notes in its history, including the Bearer cheques and Agro cheques ("Agro" being short for Agricultural) that circulated between 15 September 2003 and 31 December 2008: the Standard Chartered Bank also issued their own emergency cheques from 2003 to 2004.
The Chiremba Balancing Rocks in Epworth, Harare is the main illustration on the obverse of regular banknotes of the Reserve Bank of Zimbabwe: for the emergency Bearer and Agro cheques, the rocks became part of the Reserve Bank's emblem that also appeared on the obverse. The reverse of dollar notes often illustrate the culture or landmarks of Zimbabwe.
The second dollar (ZWN) was replaced on 1 August 2008 by the third dollar (ZWR), which was then phased out by fourth dollar (ZWL) with short notice on 2 February 2009 because it rapidly lost value. The economic and trade sanctions imposed against the Zimbabwean government and the Reserve Bank made it difficult to incorporate modern security features on most banknotes issued since September 2008.
The Reserve Bank originally planned to demonetise banknotes of the third dollar on 30 June 2009 but the Zimbabwean dollar as a whole has been suspended since 12 April 2009, implying that banknotes of both the third and fourth dollar are not de jure legal tender
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|Subject: Re: "Re: Understanding ZIM Math" by MacMandeere - 3.19.17 Mon Mar 20, 2017 12:22 pm|| |
Let's just say for instance that the Zim was worth 1 to 1 but guru Judy was saying 1zim was worth several hundred dollars to one Zim, lol,,,,!,,! What ever this wakco on the post is talking about buying companies, investing in bonds etc, WHY?? If you have trillions of dollars from a couple of Zimbabwe bills, you could live for ever without making one investment, your children & there children could live forever on just 2 Zimbabwe bills without making one investment, you could live from generations of grand children, great, great, great grand children without one worry in there lives. So this guru is saying how to invest & make more money???? What's wrong with this guru's post? What is wrong with him?
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