Well... it's not that simple in Zimbabwe. The Gold Coins they are issueing are of huge value, nothing for the people to use on a day to day basis. Just for wealthy ppl use as savings.
At the time of the launch on Monday, the cost of a Mosi-oa-Tunya coin was US$1,824 (£1,514).
"For the common man, there is not really much to benefit directly from this, especially if you don't have any excess cash," said Mr Chitambara.
"Many people have no money for bread, let alone for savings.
"The expectation is that indirectly it will benefit the ordinary person through moderating the prices."
Well... it's not that simple in Zimbabwe. The Gold Coins they are issueing are of huge value, nothing for the people to use on a day to day basis. Just for wealthy ppl use as savings. At the time of the launch on Monday, the cost of a Mosi-oa-Tunya coin was US$1,824 (£1,514).
"For the common man, there is not really much to benefit directly from this, especially if you don't have any excess cash," said Mr Chitambara.
"Many people have no money for bread, let alone for savings.
"The expectation is that indirectly it will benefit the ordinary person through moderating the prices."
Give it time,
First things first, prices on goods need to be flattened down
"all gold mined in the country is legally required to be sold to the central bank"
Needs a FAL on the back side
Gold coins are the answer to saving the economy when Fiat ultimately dies
As it always does.
Jesus and the money changers part 2
So Robert Mugabe really was holding them back all this time.
Once he was gone, they forcefully turned their country around.
GTFO Handshake
God doesn't hate.