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Characteristics of Money, #ZimCurrencyDebate THREAD.
For a country which is OPEN FOR BUSINESS (@edmnangagwa) and want to tell the world that ZIMBABWE IS A GOOD BUY (@MthuliNcube ), we have to understand and conform to the 6 characteristics of money/currency. 1/10
@Busisa74
For a country which is OPEN FOR BUSINESS (@edmnangagwa) and want to tell the world that ZIMBABWE IS A GOOD BUY (@MthuliNcube ), we have to understand and conform to the 6 characteristics of money/currency. 1/10
@Busisa74
I remember #Mangudya was asked a simple question on international TV, "how would the investor in Zimbabwe repatriate his profit?" The Governor struggled to answer, becoz he wasn't prepared for a basic question on whether Zim's currency met the basic characteristics of money. 2/10
There are 6 characteristics of money : durability, portability, divisibility, uniformity, limited supply, and acceptability. All of them are very critical. But how do we use the characteristics of money to our advantage for successful business & national development? 3/10
