News / National
Bond Money is Criminal- ZimFirst
11 May 2016 at 06:38hrs | Views
The ZimFirst leader Maxwell Shumba has described the introduction of the bond notes by the government as criminal.
He said it is common knowledge that Zimbabwe government is broke.
"It has no money. Yes it has paper and ink. Loads and loads of it! and with that they intend to print the valueless bonds that will be tied to your personal money that you are doing business with today and tomorrow, bond the money in your account, the money you have in your pocket, and the money you shall send from your diaspora adopted home etc," he said.
"I repeat : All citizens' personal money is what Zanu PF greedy sharks are targeting and they shall brazenly take it in broad daylight and exchange it with the useless paper they call bond money. They are confident they can pull off the grand theft because they reckon we Zimbabweans are a docile lot. They know that we will complain a bit and it will come to pass as we are masters of normalizing the abnormal (Zanu PF has studied us)."
He said people must know that government has no money they can bond to that piece of paper they will print.
"They are banking on the money in the streets. Yes, they are going to steal from you. They will take your money in exchange of useless paper. Picture this, if the bond money had any value why didn't they just print our own currency (Zim dollar) and fix it to a meaningful exchange rate against the dollar and then let it respond naturally to the change in the market economic temperatures," he said.
"The only plausible reason why they are introducing bond money is because these thieves from Zanu PF see the writing on the wall. Their party is disintegrating and Zimbabweans are garnering enough courage to stand up against the regime. It's very possible that these cowards who kill unarmed people in cold blood are preparing for the eventuality of fleeing the country."
He said the money they stole previously is not accessible because of specification (sanctions) so they have no choice except steal your money, leave the country when the situation demands and leave you with useless printed paper.
"Please do not let them steal from you. You have been warned. That PhD governor is a political minion and has no political muscle to stop the grand theft from happening. Mr Bank Governor will soon be an accessory to the money laundering scheme. The grand theft stealing from the needy," he said.
"Solution- trade in US dollars only . Refuse bond money as currency if you are a trader , keep your money in a safe or personal vault . Do not let them anywhere near your US dollars."
He said it is common knowledge that Zimbabwe government is broke.
"It has no money. Yes it has paper and ink. Loads and loads of it! and with that they intend to print the valueless bonds that will be tied to your personal money that you are doing business with today and tomorrow, bond the money in your account, the money you have in your pocket, and the money you shall send from your diaspora adopted home etc," he said.
"I repeat : All citizens' personal money is what Zanu PF greedy sharks are targeting and they shall brazenly take it in broad daylight and exchange it with the useless paper they call bond money. They are confident they can pull off the grand theft because they reckon we Zimbabweans are a docile lot. They know that we will complain a bit and it will come to pass as we are masters of normalizing the abnormal (Zanu PF has studied us)."
He said people must know that government has no money they can bond to that piece of paper they will print.
"They are banking on the money in the streets. Yes, they are going to steal from you. They will take your money in exchange of useless paper. Picture this, if the bond money had any value why didn't they just print our own currency (Zim dollar) and fix it to a meaningful exchange rate against the dollar and then let it respond naturally to the change in the market economic temperatures," he said.
"The only plausible reason why they are introducing bond money is because these thieves from Zanu PF see the writing on the wall. Their party is disintegrating and Zimbabweans are garnering enough courage to stand up against the regime. It's very possible that these cowards who kill unarmed people in cold blood are preparing for the eventuality of fleeing the country."
He said the money they stole previously is not accessible because of specification (sanctions) so they have no choice except steal your money, leave the country when the situation demands and leave you with useless printed paper.
"Please do not let them steal from you. You have been warned. That PhD governor is a political minion and has no political muscle to stop the grand theft from happening. Mr Bank Governor will soon be an accessory to the money laundering scheme. The grand theft stealing from the needy," he said.
"Solution- trade in US dollars only . Refuse bond money as currency if you are a trader , keep your money in a safe or personal vault . Do not let them anywhere near your US dollars."
Source - Byo24News