bushi
Ground Beetle
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...In continuing the tradition of our "Reality check" threads, here's interesting interview with one guy from Zimbabwe, about how it is under the rule of the TRUE masters of fiat money printing.
I find couple of his points very similar to what we used to have in Poland in the 80's - black market of foreign currencies (when people lost faith in government's fiat)
Bear in mind, that this kind of nonsense is only possible in more or less totalitarian countries (that is unfortunately including US of A of today), because in free societies, people would turn to something else, that replaces government's fiat run amok, freely and much earlier.
"at some stages, calculators were not big enough to help people tocalculate"
"each store, nearly everyone had a money counting machines (...), but they got overrun eventually as well (...) and we ended up WEIGHING trillion dollar bills, to pay for goods - so the prices were, like, 100g of 100 trillion notes will got you a leaf of bread"
I find couple of his points very similar to what we used to have in Poland in the 80's - black market of foreign currencies (when people lost faith in government's fiat)
Bear in mind, that this kind of nonsense is only possible in more or less totalitarian countries (that is unfortunately including US of A of today), because in free societies, people would turn to something else, that replaces government's fiat run amok, freely and much earlier.
"at some stages, calculators were not big enough to help people tocalculate"
"each store, nearly everyone had a money counting machines (...), but they got overrun eventually as well (...) and we ended up WEIGHING trillion dollar bills, to pay for goods - so the prices were, like, 100g of 100 trillion notes will got you a leaf of bread"