ST Alpha - "usually what happens is you spend everything you get as fast as you get it and barter becomes much more important for exchange..." (Reading a Post)

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

usually what happens is you spend everything you get as fast as you get it and barter becomes much more important for exchange...

Posted by x (aka dmuck) Nov 20 '08, 10:07

some of the hyperinflation events i have read about, people do stuff like ask to be paid in the morning so they can go out at lunch and spend everything because their cash is worth so much less by the end of the day

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[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

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usually what happens is you spend everything you get as fast as you get it and barter becomes much more important for exchange...

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