ZIG WILL FINISH US: MUSHAYAVANHU’S PLAN IS PURE ECONOMIC SUICIDE

Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is playing with fire. He is now thinking about making the local currency, ZiG, the only money allowed to be used in Zimbabwe. This idea is very dangerous. Many experts are warning that this could destroy the economy again.

ZiG is already one of the weakest currencies in the world. It cannot even buy basic things like fuel, passports, or pay some taxes. If it becomes the only way to buy and sell in the country, it will not take long before prices start rising fast. When there is too much money in use and people are forced to use a weak currency, it always ends badly. Inflation will go up. Life will become very hard again.

Mushayavanhu says ZiG is now “strong enough” to be the only money in the country. But this is a lie. The so-called stability of ZiG is fake. The government is forcing it to look stable by limiting how and where it can be used. It is not true strength. In fact, the government itself does not even trust ZiG. If they did, they would allow it to be used everywhere.

Economist Professor Gift Mugano has made this very clear. He says ZiG’s stability is not real. It only looks stable because people are not using it for important things. The government is protecting it by making sure it is not used in tough situations. That is like saying someone is a good boxer because they never enter the ring. If the government truly believed in ZiG, they would allow it to be used for everything. But they are scared. They know what will happen if it is tested in the real economy.

Another top economist, Steve Hanke from the United States, has also said bad things about Zimbabwe’s currency. He says the Zimdollar, now called ZiG, is the third worst currency in the world. Only Venezuela and Lebanon have worse currencies. Zimbabwe’s money is losing value fast. It dropped by 33% in just one year. At the same time, the amount of money in the system is growing fast. This is very dangerous. More money plus a weak economy always brings disaster.

Hanke also says Zimbabwe’s inflation is already at 79% per year. That is a crushing number. It means that prices are almost doubling every year. And this is while ZiG is still being protected. What will happen if it becomes the only currency? Things will get even worse.

The truth is simple. The worst currencies in the world are always in countries where there is political chaos, no jobs, and no investment. Zimbabwe is one of those countries. The government has failed. They cannot be trusted with people’s money. And now they want to remove the US dollar and force everyone to use ZiG? That is madness.

President Mnangagwa has already shown that he cannot run the economy. People are suffering. Prices are high. Wages are low. There is no plan. Just confusion. And now his team, led by Mushayavanhu, wants to risk everything again?

This plan will not end well. It will hurt the poor the most. Businesses will close. Prices will shoot up. People will lose their savings. Just like what happened in 2008. We cannot go through that again.

We must say no to this fake plan. ZiG is not stable. The government is lying to us again. We cannot trust them. They are playing with people’s lives. We must speak up now before it’s too late.

Mushayavanhu’s plan is not a solution. It is economic suicide. We must reject it. We have seen this movie before — and it ends in hunger, pain, and shame.