Dangers of Bond Notes
SCIENCE ECONOMICS AND JUSTICE FOR ZIMBABWE
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Zimbabwean Bond Notes: Part 1 - How Are Exchange Rates Determined?
Published on Oct 11, 2016
The Reserve Bank is going to issue a currency called "bond note" at par with the US. Here's why that currency cannot maintain its value.
This video by Science, Economics and Justice is part of a citizen awareness exercise - an essential element of democracy.
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Zimbabwean Bond Notes: Part 2 - Zimbabwean Bond Notes to Lose 99.7% of Value on First Day
30 October 2016: https://www.youtube.com/watch?v=D3BPrSky-qg
Here's our prediction of what will happen to Zimbabwean Bond Notes by the end of the first day - using charts and real life examples.
Zimbabwean Bond Notes: Part 3 – Biggest fraud since Rudd Commission
15 November 2016: https://www.youtube.com/watch?v=GaiclfNjFe8
The Government, in collusion with the Reserve Bank has enacted emergency legislation to allow the issuance of Bond Notes.
For many Zimbabweans, Bond Notes will result in a devaluation of savings, a fall in value of future earnings and a collapse in asset prices. But for those with access to the bond note printing presses, this will be a once-in-a-lifetime opportunity to make an incalculable fortune out of the rest of the country’s misery.
For this reason, we believe that Bond Notes are the biggest fraud ever committed on the Zimbabwean people since the Rudd Commission of 1888.
This video has been produced in support of the upcoming peaceful demo in Zimbabwe against Bond Notes and Corruption on November 18, 2016.
Please support this cause in every way you can. Thank you.*#MunhuWeseMuRoad* *#UmuntuWonkeEmgaqweni* *#ThisFlower*
Zimbabwean Bond Notes - A Sophisticated Con on Zimbabweans in Diaspora - Part 4
28 November 2016: https://youtu.be/VZR2mcL0W3g
Zimbabweans, every cent you send internationally through official channels (bank transfers, Western Union, & Ecocash) is used for bankrolling ZANU PF.
Here's how:
You see, Bond Notes solve at least 3 problems for the government:
- They allow the government to erase its domestic debts by printing the money to pay off those debts.
- They allow the government to receive a fresh injection of nearly half a billion US dollars worth of real money within the next 5-week period from Diaspora remittances and gold. And when you consider receipts from silver, platinum and other commodities etc, that pile of cash could easily reach ONE BILLION US DOLLARS in December alone.
- And by the time the daily withdrawal limits are eventually increased or abandoned, and the whole house of cards comes crashing down, the ZANU (PF) machine will be so well-oiled with cash that even if all opposition parties unite, ZANU (PF)’s lead in 2018 will be unassailable. It’ll be impossible for them to lose.
And that, ladies and gentlemen, is where the sophistication of Bond Notes lies!
Produced by Science Economics and Justice as a public service to Zimbabweans worldwide.
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1 - they allow the government to erase its domestic debts by printing the money to pay those debts off.
2 - they allow the government to receive a fresh injection of nearly half a billion US Dollars worth of real money within the next 5wk period from Diaspora remittances and Gold. And when you consider receipts from silver, platinum and other commodities etc; that pile of cash could easily reach ONE BILLION US DOLLARS in December alone.
3 - and by the time the daily withdrawal limits are eventually increased or abandoned, and the whole house of cards comes crashing down; the ZANU (pf) machine will be so well-oiled with cash that even if all opposition parties unite - ZANU (pf)'s lead in 2018 will be unassailable. It'll be impossible for them to lose.
And that, ladies and gentlemen is where the sophistication of Bond Notes lies!
Produced by Science Economics and Justice as a public service to Zimbabweans worldwide. Please share - EVERY Zimbabwean MUST KNOW. How they use the info is up to them.
For more info, please contact us on: +447498334512
Thank you.