READER COMMENT on RBZ Notes THE TRUTH| The Quail Coins will not solve internal cash flows. That departure is the beginning of collapsing the economy. What is the wisdom of converting cash inflows to the Rand which is dropping in value? This means if the company wants to import again it will pay more as you trade in US$ and not Rand. This is inflationary on its own and will lead to shortages, and soon stall FDI. [CONTINUE READING BELOW]
It will limit investments as no one is assured that they can get their money back. Also how do Afrixem know how much of the Quail Notes are in circulation? How is the alleged US$ leaving the Country? Why not just adopt the Rand or Mozambique currency and convert the Afrixem into that currency. How far is the Diamond US$15 billion? What is this figure based on when there is no forensic investigation?