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Zimbabwe’s gold-backed currency, the ZiG, has taken the financial world by storm. But could this bold move lead to a fate similar to Libya’s? We explore the potential consequences of challenging the US dollar’s dominance and the innovative strategies Zimbabwe has employed to protect their economy. Farai Mara, spokesperson for Zanu P.F., reveals the astounding growth Zimbabwe has achieved despite facing unique challenges. However, skeptics like Professor Steve Hanke doubt the ZiG’s success and call for full dollarization. As the ZiG gains ground and Zimbabwe implements targeted policies to promote its usage, the question remains: will this be the key to Zimbabwe’s economic liberation, or will they face the same tragic fate as Libya? Join us as we delve into this fascinating story and uncover the truth behind Zimbabwe’s daring move.
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