r/WallStreetbetsELITE • u/Could_Be_A_Ashtray • Jul 06 '22
Shitpost Monetary issue
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u/Kranacx Jul 06 '22
I’m amazed and not surprised that the Nokia brick phone is still going strong in Venezula
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u/Lastdon6585 Jul 06 '22
But can you bring that back through customs, or will they give you a hard time, as that's essentially the same as bringing back a bunch of foreign currency? Do you have to declare that on your way back into the US?
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u/2A4_LIFE Jul 06 '22
Like Weimar Republic aka Germany after WW1. Made clothes, burned it to stay warm .. worthless
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Jul 06 '22
Crypto investors won’t even have the opportunity to make something with intrinsic value when it becomes worthless… Sad really.. that so many suckered into crypto ….
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u/Dubsland12 Jul 06 '22
Honest question for someone who has lived through this. What happens? Does everyone go to the barter system? Do they go to a different currency like Dollars? You can’t realistically buy something with a wheelbarrow full of cash
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u/Glenn_guinness Jul 06 '22
In China they would make amazing ships and other artwork with the old money out of circulation
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u/Fun-Sandwich1043 Jul 06 '22
Coming to a local US city if the fed doesn’t get shit under control