ST Alpha - "What does that mean to the everyday life of the average p erson? how do they buy things? -- nm" (Reading a Post)

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In response to "Things could be worse I suppose. Zimbabwe's inflation rate is now, by one estimate, 89.7 sextillion percent" by Brian

What does that mean to the everyday life of the average p erson? how do they buy things? -- nm

Posted by loosilu (aka loosilu) Nov 20 '08, 10:04

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Responses:

usually what happens is you spend everything you get as fast as you get it and barter becomes much more important for exchange... - x Nov 20, 10:07 3
- [deleted] 2
  - yeah, i love the wheelbarrow stories....nm - x Nov 20, 10:16 1
    - The basket story is a pretty good one too - Brian Nov 20, 10:20
spend any cash you get as soon as you get it -- nm - zork Nov 20, 10:06
you sort of don't. The mechanism of buying things breaks down at this point - Reagen Nov 20, 10:06 3
- And wallpapered or insulated their homes with the worthless bills. -- nm - VMan Nov 20, 10:07 2
  - I had a boss from Hungary or such and the men would pass their pay through the fence to their wives to spend before it became worthless -- nm - zork Nov 20, 10:09 1
    - Yeah, I read in Time or Macleans that similar things were happening in Zim. Not sure if people have just given up on the money. -- nm - VMan Nov 20, 10:14
barter. -- nm - mafic Nov 20, 10:05 1
- or steal -- nm - decline Nov 20, 10:07
Barter or trade services I would guess. -- nm - VMan Nov 20, 10:04

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