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Any bank deposits would be pound-denominated. This is why many people throughout the world keep their money in wads of U.S. dollars under their mattress.
by rcme 4y ago
Any bank deposits would be pound-denominated. This is why many people throughout the world keep their money in wads of U.S. dollars under their mattress.
- vintermann 4y agoAgainst an official devaluation like this that does little good, because they can just invalidate old notes and issue new ones.
- rcme 4y agoThat's why they keep U.S. dollars under their mattress.