32 sats \ 2 replies \ @030e0dca83 25 Sep \ on: Who has personally experienced hyper inflation? bitcoin
Early 90, Ukraine Money were used as wallpapers
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1 sat \ 1 reply \ @stack_harder OP 26 Sep
sounds like something straight out of the Weimar republic did people have many options for storing wealth back then, other than physically buying items and holding them?
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0 sats \ 0 replies \ @030e0dca83 26 Sep
People were working on factories and hadn't gotten a salary, instead they got productions of these factories they don't need at all (paper, wheels, etc). Then they went to markets and exchange it to the food of paper money
That was the first fraud of modern Ukrainian history. Rich became richer, poor poorer.
I don't know how we're still alive after these times
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