But in late September, authorities slashed the value of the new gold-backed currency by more than ... The RBZ then resorted to printing money to ease the situation, flooding the economy with ...

A Texas legislator has filed two bills to establish a state-sanctioned currency backed by precious metals, marking a ...

Advocates of freedom and prosperity should continue to make the arguments and offer proposals for moving to a sound monetary ...

The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed currency called ... the government began printing excess money. Promises have now been made by ...

Zimbabwe has introduced a new gold-backed currency called ZiG - the name ... But the bond note crashed when the government began printing excess money. Promises have now been made by the central ...

The ZiG – short for Zimbabwe Gold ... to the BRICS's New Development Bank, which aims to expand the use of local currency loans. The central bank hopes the ZiG, which is backed by a basket ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy. The ...

Their suggestions typically involve backing a portion of the money supply with gold ... allowing markets to adjust to the new gold-backed system while gradually phasing out unbacked fiat currency." ...