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I mean, I get it, if your country's currency is collapsing you usually buy foreign currency or gold, but a lot of times banks control the currency market (and g
by bellyfullofbac 6y ago
I mean, I get it, if your country's currency is collapsing you usually buy foreign currency or gold, but a lot of times banks control the currency market (and governments/central banks can impose limits that banks have to adhere to), or if you go to a currency exchange they might be out of actual USD notes, and same with gold. Nowadays if you're technically savvy, you can get an online exchange account and buy something with your Lira before it plummets further. It's a selfish move (good for the individuals but bad for the country), but if the country's run by corrupt idiots, and you want to continue to have food on the table, you can't escape being selfish.