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> Hi here's your monthly pay it's $5,000 of toilet paper. Where would you like me to park the truck that's full of it? Don’t know if you realize this, but that
by keymone 8y ago
> Hi here's your monthly pay it's $5,000 of toilet paper. Where would you like me to park the truck that's full of it?
Don’t know if you realize this, but that’s literally what was happening in Ukraine (and probably elsewhere) during 90s after USSR collapse. People were paid with products of factories they worked on. Toilet paper, teapot sets, boxes of matches, etc. not fun times.
- exelius 8y agoSupposedly Russian sailors were paid in vodka during the same period.
- DINKDINK 8y ago>Don’t know if you realize this Yes, it's what I was referring to. Trade will occur regardless of what happens. If factories run out of a fiat money, they'll offer to trade the factory outputs for worker labor. It's just that the people with the most performant money will survive the best.