Comments on: Zimbabwe – gold for bread http://armannd.com/zimbabwe-gold-for-bread.html/ Things that matter Fri, 10 Feb 2012 13:42:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Yasuko Sulcerhttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-30488 Yasuko Sulcer Sat, 02 Jan 2010 22:04:40 +0000 http://www.armannd.com/?p=1100#comment-30488 well written post keep it up :) i will visit ur site daily if i want to design site like yours i wonder how long it will take me well written post keep it up :) i will visit ur site daily if i want to design site like yours i wonder how long it will take me

]]> By: Yasuko Sulcerhttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-54075 Yasuko Sulcer Sat, 02 Jan 2010 22:04:00 +0000 http://www.armannd.com/?p=1100#comment-54075 well written post keep it up :) i will visit ur site daily if i want to design site like yours i wonder how long it will take me well written post keep it up :) i will visit ur site daily if i want to design site like yours i wonder how long it will take me

]]> By: ivanka bajrihttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-12549 ivanka bajri Sat, 14 Mar 2009 11:15:23 +0000 http://www.armannd.com/?p=1100#comment-12549 yes, it really isnt so bad for us... focus on the positive and draw more into our lives. pass it on:):):) pay it forward;););) love and smiles dont cost anything from most people;):) yes, it really isnt so bad for us… focus on the positive and draw more into our lives. pass it on:):):) pay it forward;););) love and smiles dont cost anything from most people;):)

]]> By: ivanka bajrihttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-54074 ivanka bajri Sat, 14 Mar 2009 11:15:00 +0000 http://www.armannd.com/?p=1100#comment-54074 yes, it really isnt so bad for us... focus on the positive and draw more into our lives. pass it on:):):) pay it forward;););) love and smiles dont cost anything from most people;):) yes, it really isnt so bad for us… focus on the positive and draw more into our lives. pass it on:):):) pay it forward;););) love and smiles dont cost anything from most people;):)

]]> By: Titus-Armandhttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-12496 Titus-Armand Fri, 06 Mar 2009 22:43:58 +0000 http://www.armannd.com/?p=1100#comment-12496 Yes, you are right. That dirt gives them a chance to live - for now.About gold retaining its buying power, isn't it a case of debt claim vs. capital claim? Yes, you are right. That dirt gives them a chance to live – for now.

About gold retaining its buying power, isn’t it a case of debt claim vs. capital claim?

]]> By: Titus-Armandhttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-54073 Titus-Armand Fri, 06 Mar 2009 20:43:00 +0000 http://www.armannd.com/?p=1100#comment-54073 Yes, you are right. That dirt gives them a chance to live - for now.About gold retaining its buying power, isn't it a case of debt claim vs. capital claim? Yes, you are right. That dirt gives them a chance to live – for now.

About gold retaining its buying power, isn’t it a case of debt claim vs. capital claim?

]]> By: Chicagohttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-12491 Chicago Thu, 05 Mar 2009 07:46:36 +0000 http://www.armannd.com/?p=1100#comment-12491 It's not a great existance but the fact that they are able to survive by digging holes and living on the dirt (because it contains a tiny amount of gold) is a lot better than just having dirt with no gold in it.I think they said it takes about a day to mine/dig/pan enough gold dust to "feed the family" about 0.3 gm or about $10 US.The interesting part is that it doesn't matter how much the local currency has been devalued the gold retains it's buying power. It's sort of like they are creating their own de-facto gold standard. It’s not a great existance but the fact that they are able to survive by digging holes and living on the dirt (because it contains a tiny amount of gold) is a lot better than just having dirt with no gold in it.

I think they said it takes about a day to mine/dig/pan enough gold dust to “feed the family” about 0.3 gm or about $10 US.

The interesting part is that it doesn’t matter how much the local currency has been devalued the gold retains it’s buying power. It’s sort of like they are creating their own de-facto gold standard.

]]> By: Chicagohttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-54072 Chicago Thu, 05 Mar 2009 07:46:00 +0000 http://www.armannd.com/?p=1100#comment-54072 It's not a great existance but the fact that they are able to survive by digging holes and living on the dirt (because it contains a tiny amount of gold) is a lot better than just having dirt with no gold in it.I think they said it takes about a day to mine/dig/pan enough gold dust to "feed the family" about 0.3 gm or about $10 US.The interesting part is that it doesn't matter how much the local currency has been devalued the gold retains it's buying power. It's sort of like they are creating their own de-facto gold standard. It’s not a great existance but the fact that they are able to survive by digging holes and living on the dirt (because it contains a tiny amount of gold) is a lot better than just having dirt with no gold in it.

I think they said it takes about a day to mine/dig/pan enough gold dust to “feed the family” about 0.3 gm or about $10 US.

The interesting part is that it doesn’t matter how much the local currency has been devalued the gold retains it’s buying power. It’s sort of like they are creating their own de-facto gold standard.

]]> By: Titus-Armandhttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-12468 Titus-Armand Fri, 27 Feb 2009 23:32:28 +0000 http://www.armannd.com/?p=1100#comment-12468 Hmmmm let's see. "Exorbitant rate" is not used exclusively to refer to monetary values. Working an entire day for a few loaves of bread and destroying the environment in the process is a pretty high price. And they won't be able to do it for long...If we talk about the low value of the ~$3USD (for us), we shouldn't forget that <i>their</i> currency is worth nothing due to inflation (if you convert those $3USD to Zimbabwean dollars).If you're wondering how they're destroying the environment and exactly how bad it is, read this article from <a href="http://e360.yale.edu/content/feature.msp?id=2078" rel="nofollow">Yale Environment 360</a> that covers the issue.So it kind of is a bad deal after all, don't you think? Hmmmm let’s see. “Exorbitant rate” is not used exclusively to refer to monetary values. Working an entire day for a few loaves of bread and destroying the environment in the process is a pretty high price. And they won’t be able to do it for long…

If we talk about the low value of the ~$3USD (for us), we shouldn’t forget that their currency is worth nothing due to inflation (if you convert those $3USD to Zimbabwean dollars).

If you’re wondering how they’re destroying the environment and exactly how bad it is, read this article from Yale Environment 360 that covers the issue.

So it kind of is a bad deal after all, don’t you think?

]]> By: Titus-Armandhttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-54071 Titus-Armand Fri, 27 Feb 2009 21:32:00 +0000 http://www.armannd.com/?p=1100#comment-54071 Hmmmm let's see. "Exorbitant rate" is not used exclusively to refer to monetary values. Working an entire day for a few loaves of bread and destroying the environment in the process is a pretty high price. And they won't be able to do it for long...If we talk about the low value of the ~$3USD (for us), we shouldn't forget that <i>their</i> currency is worth nothing due to inflation (if you convert those $3USD to Zimbabwean dollars).If you're wondering how they're destroying the environment and exactly how bad it is, read this article from <a href="http://e360.yale.edu/content/feature.msp?id=2078" rel="nofollow">Yale Environment 360</a> that covers the issue.So it kind of is a bad deal after all, don't you think? Hmmmm let’s see. “Exorbitant rate” is not used exclusively to refer to monetary values. Working an entire day for a few loaves of bread and destroying the environment in the process is a pretty high price. And they won’t be able to do it for long…

If we talk about the low value of the ~$3USD (for us), we shouldn’t forget that their currency is worth nothing due to inflation (if you convert those $3USD to Zimbabwean dollars).

If you’re wondering how they’re destroying the environment and exactly how bad it is, read this article from Yale Environment 360 that covers the issue.

So it kind of is a bad deal after all, don’t you think?

]]> By: Chicagohttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-12463 Chicago Fri, 27 Feb 2009 03:48:57 +0000 http://www.armannd.com/?p=1100#comment-12463 oops I meant 0.1 gm not 8.1 gm. oops I meant 0.1 gm not 8.1 gm.

]]> By: Chicagohttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-54070 Chicago Fri, 27 Feb 2009 03:48:00 +0000 http://www.armannd.com/?p=1100#comment-54070 oops I meant 0.1 gm not 8.1 gm. oops I meant 0.1 gm not 8.1 gm.

]]> By: Chicagohttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-12462 Chicago Fri, 27 Feb 2009 03:47:06 +0000 http://www.armannd.com/?p=1100#comment-12462 What's "an exorbitant rate?" At current world prices 8.1 gm of gold is "about" $3.50 USC. Until a few months ago it was less, about $2.50 USC. The price of gold probably will bounce between those ranges for a while at least. Assuming it does, that means they are buying a loaf of bread for about $3. That's really not a bad deal for a loaf of bread in the middle of the jungle/desert/wilderness. They feed a family for about $10 per day in gold (0.3gm) according to the video.In a way, that alluvial gold is a godsend to the people. The government seems to be trying their best to exterminate them but so long as there are just a few particles of gold they can dig out of the earth there will always be someone ready to bring in some food/bread to trade. So in a sense, its the greed of "free market capitalistism" that is keeping them alive dispite all the efforts of the Marxists to kill them. What’s “an exorbitant rate?” At current world prices 8.1 gm of gold is “about” $3.50 USC. Until a few months ago it was less, about $2.50 USC. The price of gold probably will bounce between those ranges for a while at least. Assuming it does, that means they are buying a loaf of bread for about $3. That’s really not a bad deal for a loaf of bread in the middle of the jungle/desert/wilderness. They feed a family for about $10 per day in gold (0.3gm) according to the video.

In a way, that alluvial gold is a godsend to the people. The government seems to be trying their best to exterminate them but so long as there are just a few particles of gold they can dig out of the earth there will always be someone ready to bring in some food/bread to trade. So in a sense, its the greed of “free market capitalistism” that is keeping them alive dispite all the efforts of the Marxists to kill them.

]]> By: Chicagohttp://armannd.com/zimbabwe-gold-for-bread.html/comment-page-1/#comment-54069 Chicago Fri, 27 Feb 2009 03:47:00 +0000 http://www.armannd.com/?p=1100#comment-54069 What's "an exorbitant rate?" At current world prices 8.1 gm of gold is "about" $3.50 USC. Until a few months ago it was less, about $2.50 USC. The price of gold probably will bounce between those ranges for a while at least. Assuming it does, that means they are buying a loaf of bread for about $3. That's really not a bad deal for a loaf of bread in the middle of the jungle/desert/wilderness. They feed a family for about $10 per day in gold (0.3gm) according to the video.In a way, that alluvial gold is a godsend to the people. The government seems to be trying their best to exterminate them but so long as there are just a few particles of gold they can dig out of the earth there will always be someone ready to bring in some food/bread to trade. So in a sense, its the greed of "free market capitalistism" that is keeping them alive dispite all the efforts of the Marxists to kill them. What’s “an exorbitant rate?” At current world prices 8.1 gm of gold is “about” $3.50 USC. Until a few months ago it was less, about $2.50 USC. The price of gold probably will bounce between those ranges for a while at least. Assuming it does, that means they are buying a loaf of bread for about $3. That’s really not a bad deal for a loaf of bread in the middle of the jungle/desert/wilderness. They feed a family for about $10 per day in gold (0.3gm) according to the video.

In a way, that alluvial gold is a godsend to the people. The government seems to be trying their best to exterminate them but so long as there are just a few particles of gold they can dig out of the earth there will always be someone ready to bring in some food/bread to trade. So in a sense, its the greed of “free market capitalistism” that is keeping them alive dispite all the efforts of the Marxists to kill them.

]]>