Entry Submitted by Michael at 3:58 AM EDT on May 9, 2021
Something to think about ZIM bond redemption!
Several people have stated that your 100 Trillion Bond will have a value of 11 to 33 million for the first two 100T Bond and have a sliding scale if you have more notes. I want people to think about this for a moment. Let us assume I have 30 100 Trillion Zim bonds. So a banker is going to look at me and say well I will give you 11 million USN each for the first two bonds, 8 million each for the next 10 100 T Bonds, 6 million for the next 10 Bonds and 3 million for each of my last 8 100T bonds.
So here is what I want everyone to think about; The banker is not the final end recipient of the bonds. The banker will take all of our Zim bonds and put them with other Zim bonds from other people. So after 10 days of redeeming bonds of various amounts, the banker has thousands of 100T Bonds.
When the banker transfers all these bonds to the treasury department. Will the banks have a sliding scale? If we are really going to rebuild the earth and finance humanitarian projects, how is the banker qualified to say you are getting too much money?
And if I was paid 11 million for the first two Zim bonds and only 3 million for the last 8 100T Zim bonds, who gets the other 8 million USN per Zim bond of my last 8 100T bonds???
My assumption is that the Treasury department will pay one set fee for each 100T bond to the redemption center that collected it. I also assume that the 8 million USN from each of my last 8 100T bonds will be kept by the redemption center/bank!
I am not greedy at all. I want nearly everything to go to the humanitarian projects! I just do not want the bankers to offer me low while they sell high to the Treasury. That sounds like the old banking system. The one we are trying to get away from!
Michael
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