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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency (47913 Views)
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Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by correctguy101(m): 7:30pm On Apr 05 |
tojahh: Nigeria's already on the path... Where's the Kobo? Only on paper 1 to 20naira are already dead. 50naira is on life sustenance and will surely kick jerrycan and expire like the others. 100naira has little or no value as you can't even get 100seeds of groundnuts for 100naira... So tell me, which road you think say Nigeria dey? Smh 1 Like |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Image123(m): 7:33pm On Apr 05 |
Hmm, experiments. |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Xpol: 7:34pm On Apr 05 |
Godjone:In police college ikeja we called all the dumping ground (refuse) Zimbabwe, so it's not just a particular one. |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Jaxx123: 7:34pm On Apr 05 |
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Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Kurugu92(m): 7:36pm On Apr 05 |
chinchum:you are deliberating on a man that has dementia advice? |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by DeepSight(m): 7:41pm On Apr 05 |
TUANKU: Grammar. You said there are many countries with gold backed currency and now you admit that is false. Period. No long thing. |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by MrPaul2: 7:42pm On Apr 05 |
bassdow:The bolded is the solution to Africa Economy, if we must grow Economically. |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Lawag3: 7:45pm On Apr 05 |
Skooltynz: I think say na Yaba left before. |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by TUANKU(m): 7:46pm On Apr 05 |
DeepSight:What is false you dork? |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by ALLNIGERIANSMAD(m): 7:51pm On Apr 05 |
RemoveKebab:that's there definition of freedom right? 😂😂. But America funny Sha, they were throwing food for Palestinians and giving bombs 💣 to Isreal. 😆 |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by VanuatuWycombe: 7:52pm On Apr 05 |
Hope their economy won’t be zigzagging. 1 Like |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by RaptorX: 8:00pm On Apr 05 |
Asonaijaaso:The Libyan people looking stupid now allowing themselves to be used in destroying a once prosperous country. The democracy they were promised is now a mirage and even the Egyptians are back under another lifetime dictator in AL sisi, so much for the Arab spring. 2 Likes 1 Share |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by BRATISLAVA: 8:01pm On Apr 05 |
Theatrics. |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Ibeme: 8:03pm On Apr 05 |
CCIA: Comedian country |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Segzy19: 8:05pm On Apr 05 |
Way to go but the imperialists would do everything to thwart this.... I hope Zimbabwe is well prepared |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Asonaijaaso: 8:09pm On Apr 05 |
RenaissanceGuy: You my friend are naive to the ways of the world. Live happily as a virgin of knowledge in your bliss. 4 Likes 2 Shares |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by LordIsaac(m): 8:12pm On Apr 05 |
Ours will be “Nig0” short for “Nigerian Oil.” 1 Like
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Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Ibeme: 8:12pm On Apr 05 |
Conspiracy theories have finished Africans minds Otherwise how will someone launch currency with $285m of gold and call it "backed by gold" Zimbabwe are crazy. Any random country has billions in gold reserves and don't claim their currency to be "backed by gold" |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by mariahAngel(f): 8:13pm On Apr 05 |
Ibeme: Are you from Ibeme? 2 Likes 1 Share |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by Ibeme: 8:15pm On Apr 05 |
mariahAngel: No |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by mariahAngel(f): 8:20pm On Apr 05 |
Ibeme: Oh! Okay. If you don't mind me asking; how did you come about your moniker? What inspired it? |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by DeepSight(m): 8:21pm On Apr 05 |
TUANKU: Its up to you to reconcile these statements - Statement 1 - TUANKU: Statement 2 - TUANKU: Statement 3 - TUANKU: But what is the fact of the matter? - Which Countries are on the Gold Standard in 2024? As of 2022, none of the world's countries use the gold standard. However, several countries used it in the past https://worldpopulationreview.com/country-rankings/what-countries-are-on-the-gold-standard-today Pride is a stupid and terrible thing. You were wrong. You even admitted that you were wrong. But on account of pride, you first try grammar, then you resort to insults. Enjoy. |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by MichaelSokoto(m): 8:24pm On Apr 05 |
TUANKU:Prof. Economics, biko warris our naira tied to? no insult, na lecture I want! |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by DeepSight(m): 8:25pm On Apr 05 |
RaptorX: In real life, after the French Revolution, the French ended up with Napoleon, an Emperor. In the book, "Animal Farm" after the Animal Revolution, they still ended up with another Napoleon. 1 Like |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by MichaelSokoto(m): 8:26pm On Apr 05 |
VanuatuWycombe:or zigginwagging! |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by TUANKU(m): 8:26pm On Apr 05 |
DeepSight:I just mentioned few currencies backed by commodities, yes the gold standard is gone but currencies are still backed by commodities like gold and others. Take away the gold at fort know and see if the value of the US dollar remains the same. Again you are really a dork. 1 Like 1 Share |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by DeepSight(m): 8:26pm On Apr 05 |
MichaelSokoto: Please dont collect lecture from someone who doesnt know that the gold standard was phased out more than fifty years ago when Richard Nixon adopted fiat currency. 1 Like |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by DeepSight(m): 8:28pm On Apr 05 |
TUANKU: The value of the dollar has jack shit to do with the gold at Fort Knox. The dollar is fiat money. Its laughable watching you embarrass yourself more and more. I have told, you, pride is a stupid and terrible thing. "Oh I didnt know," will not kill you. No one knows every thing. 2 Likes 1 Share |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by TUANKU(m): 8:29pm On Apr 05 |
MichaelSokoto:Clifford Orji...Ask your CBN Governor that question. |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by MichaelSokoto(m): 8:31pm On Apr 05 |
TUANKU:issorite! |
Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by martineverest(m): 8:32pm On Apr 05 |
Skooltynz:ECOWAS tried doing it,but French govt was against it....they clearly want CFA to temain6in francophone counties |
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