Are bond coins the answer to the change crisis?

sweets which have been used as change(image from Reuters)

As the inflation rate climbed towards 80 billion percent in 2008-09, Zimbabweans abandoned the Zim dollar in favour of the American one. Since then, shopkeepers, with no access to American coins, have had to hand out pens, sweets and chewing gum instead of change.

Just over some months ago, however, the central bank began issuing “bond coins”, denominated in American cents, to be used only in Zimbabwe. That has triggered a debate about whether the country needs its own currency again.

The people are really concerned whether these bond coins may mean that we are getting our currency back.

The public's response to these bond coins has not been a good one as most people reject them and some are going on to call the bond coins "boiled coins" Some even go on to speculate that the motive behind , saying it is likely possible to lead to the introduction of paper notes which will be named “bond papers”.

As a concerned citizen l hope this is not the case and we hope that even if our economy is going to be sustained by these bond coins the earlier people accept that the better.

The best thing about the coins is that they will ease the problem of small change and eliminate the problem of rounding up of prices to a dollar where there is no option to buy more goods and ease the hassle commuters go through trying to break up a dollar to find change.

bond coins (image from online source)