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Zimbabwe launches gold coin project to tackle inflation

Zimbabwe has come up with a novel idea to tackle inflation. The central bank has launched gold coins to be sold to the public. The first batch of 2,000 coins was minted abroad, but eventually they will be produced locally. Al Jazeera’s Haru Mutasa reports from Harare, Zimbabwe. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #news #zimbabwe #Inflation #centralbank #gold #goldcoin #harare #economy #economycrisis #world

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15 thoughts on “Zimbabwe launches gold coin project to tackle inflation

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  4. And yet the US sanctions such a poor struggling country and the world is quiet… They call it enforcing democracy and the question is for whom….

  5. They are almost there! Governments use gold, people use silver. Mint silver coins! You can even go as far as issuing all money in copper and silver. It might cost a little more but it instantly stops inflation. Then slowly transition back to fiat.

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