Demonetizing the Money

in appics •  5 years ago  (edited)

59f0c429200e5972c836a9cd2eed3ff3

Machines credit phones and bus cards.

But, the machines know what is coming. The end of the month will arrive and make another paper trading coupone worthless. This time it is the $5.00 note that bites the dust.

Just as well, the smallest juice box now costs $50.00 so the fiver doesn't really have any useful value anymore.

10pesos.jpeg

It is the same cycle: Make larger bills, feel richer, raise prices, make larger coin amounts, and if they get a chance then wages might go up.

Of course, if you hold crypto, even Steem, you are not impacted by these fun paper games. You trade out for paper just before buying things. Then you keep holding your cyrpto.

So, following the Bolivar, we are now watching our change at the supermarket. Don't let them sneak a pile of $5's into the mix because POOF, they are not money any longer.


Powered by APPICS - visit us at appics.com

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Esa es la historia de este bendito país! Ciclos que se repiten y se repiten a través de nuestra historia.

Esto no cambia más. Igual tranqui que sirven hasta el 29/02 lo de $5.