Post
Topic
Board Economics
Re: Zimbabweans, again, collapse ...
by
tee-rex
on 25/02/2015, 19:45:51 UTC
http://www.bloomberg.com/news/articles/2015-02-22/greenback-is-king-as-zimbabweans-favor-candy-over-local-coins?hootPostID=e44ced00192fdb94854d0b24733d9fd1

Quote
Coins Disrespected

“The coins aren’t backed by anything and people know that, hence the resistance,” Harare-based economist John Robertson said in a telephone interview Jan. 16.

 Grin so ... use bitcoin instead ... with direct print from paper wallet  Cheesy

lol and fiat dollars are backed by what? Oh sorry, they are backed by a gun  Undecided

You can get much farther with a kind word and a gun than you can with a kind word alone.