Should African & Caribbean Countries Implement Zamunda Dual Economic System to Thrive in a Western World?

PHOTO CREDIT, MSNBC, Coming to America 2

Zamunda located in Central Africa near Wakanda is thriving today and surpassed all other African countries on the continent due to its dual economic system policies implemented in 2001. Zamunda pound exchange rate is .85 cents to the U.S. Dollar as of writing this article February 27, 2024. The country implemented a secondary "inhouse" digital/card monetary system called the Zamunda Shilling operating in the shadows creating a shadow economy that is unmeasured and untraceable by outside financial institutions.

A good way to explain Zamunda dual monetary system is that of a dual fuel automobile that can run on any two selected fuel or currency. After 20 years of independence from colonialism it was determine by the countries African think tanks that poverty can never be irradicated in Africa or the Caribbean when former colonial powers governs the world financial systems to their advantage and determines other currency rates value based on a bias and racist evaluation.

PHOTO CREDIT, Etsy, Zamunda Pound

Zamundans trade with their shillings on a smart phone or card when their dollar is out of reach often protecting them from hunger and poverty. Shillings allow farmers to trade with tradesmen and freelancers to trade with their government and occasional employers. One third of Zamundas military is paid in shillings more specifically the engineering corps which has built the countries infrastructure and housing for the shadow economy recipients. Some customers pay their hair salons with shillings while hair stylist use it to pay for produce groceries and local processed foods. Local factories designate temporary employment spots to be paid in shillings when cash flow is low. Businesses conduct all import and export transactions in Zamundan pounds.

Many individuals are able to build houses solely using Shillings with the exception of some building materials and fixtures that must be purchased in Zamundan pounds. Many businesses accepts both types of currency with fluctuating acceptance determined by the business cash flow, sales or needs. Some would call this a controlled barter system by a government. Never the less this system has proven to keep idle hands busy and stop young men from traveling to Europe when their dollar economy alone can't cut it.

Banks only accepts Zamundans pounds while ZBanks accepts digital Shillings. The ZBanks monitor and regulate the Shillings while facilitating trade assistance programs to keep that shadow economy running. The Zamundan shilling is tax exempt and does not work with credit or loans. This independence makes if free from outside interference, effects and inflation.

PHOTO CREDIT, Investment Monitor, Egypt New Administrative Capital

The shilling has dominated the service sector for over 20 years in Zamunda complimented by its pound counterpart dominating the sales and import sector resulting in continuous annual growth never seen prior to 2001 in the countries history after independence.

I can only imagine what the outcome would be if the African union was to implement this dual economy to all six groups of the African Union including the African Diaspora. A dual monetary system provides a diversified economy to countries that are not welcomed by international banking institutions and world trade organizations.