Guest Aidan Work Posted September 12, 2006 Posted September 12, 2006 Here's a link showing what the new Bearer Cheques from Zimbabwe look like; http://www.coinpeople.com/index.php?act=At...pe=post&id=1636Zimbabwe has been issuing Bearer Cheques since September 2003.The first issue of these has the title 'Acting Governor'.These are becoming difficult to find.This series was issued to replace the first issue of emergency currency,the extremely unpopular Traveller's Cheques.The 2nd issue has the date of 1 December 2003.This issue was the last before the nutcase called Robert Mugabe issued a decree on the 7th of December 2003 in which he announced that Zimbabwe was being pulled out of the British Commonwealth in protest at what he saw was an international effort to undermine his barbaric regime,especially by the British Commonwealth.Since then a $50,000 & a $100,000 have been issued early this year.These along with all previous Reserve Bank of Zimbabwe issues have now been withdrawn & demonetised.Cargill Cotton has issued Bearer Cheques as well.Only those issued in 2003 & 2004 have been confirmed.These are listed in Pick along with most of the Reserve Bank of Zimbabwe's issues prior to 2005.Aidan. Quote
scottishmoney Posted September 12, 2006 Posted September 12, 2006 Play money issued by a farcical regime Quote
Guest Aidan Work Posted September 14, 2006 Posted September 14, 2006 Scottishmoney,it goes to show how loopy Z.A.N.U.-P.F.'s economic policies really are! In fact,Robert Mugabe was a raving nutcase even 40 & 50 years ago.One could say that Mugabe is the modern day equivilant of Idi Amin or Saddam Hussein.The Bearer Cheques are the only positive thing ever to come out of Zimbabwe,apart from their very difficult to find coins,& their hard to get postal orders.Aidan. Quote
scottishmoney Posted September 14, 2006 Posted September 14, 2006 Unfortunately dictators such as Robert Mugabe have never heard of Thomas Gresham, QEI's advisor, and his famous quote "Bad money drives out good". Quote
Guest Aidan Work Posted September 16, 2006 Posted September 16, 2006 Scottishmoney,you're right about Gresham's Law - Bad money does drive out good money.Another famous saying that Mugabe & other loopy nutcases haven't heard of is 'Whatever can go wrong will go wrong'.We know that as Murphy's Law. Quote
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