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> We have been getting shipments of money. It's kinda weird to think that at a time when there are huge shortages of basically everything it makes sense to use
by jdoliner 9y ago
> We have been getting shipments of money.
It's kinda weird to think that at a time when there are huge shortages of basically everything it makes sense to use shipping space on something whose value is purely symbolic.
I do get that they're shipping plenty of other things and the cash is probably a pretty small piece of the total space, but still it's worth thinking about.
- akira2501 9y ago> whose value is purely symbolic. A symbolism so powerful it can override human nature. I wouldn't be so quick to underestimate the importance of it.
- bobthepanda 9y agoIf there's too little cash, people will start hoarding and the economy will quite literally grind to a halt as people are reluctant to part with money. Going back to bartering is a great way to induce a depression.
- Robotbeat 9y agoBartering often comes after a depression already exists. When liquidity drops to zero, people will develop their own money. Bottles of Tide, gasoline, cigarettes, etc.