Friends...don’t mix your political principles with survival in this very economically volatile times. I learned that the hard way.
I was in Ukraine 12/13 years ago when the banking system froze and the local currency tanked in the forex market. ATM and credit/debit cards didn’t work. Store merchants only wanted Dollars or Euros instead of the legal tender HRYVNIA. That is until armed police officers showed up with Hryvnias and demanded they take the sinking currency because they themselves had to buy food for their own families. They did and we all got our food using the Hryvnia.
LESSON LEARNED - so long as the police and military are paid in dollars as the Legal Tender currency in this country you’d better have some on hand to feed yourself and your family. It ain’t going away no matter how devalued it becomes. Legal tender laws WILL BE enforced.
“LESSON LEARNED - so long as the police and military are paid in dollars as the Legal Tender currency in this country you’d better have some on hand to feed yourself and your family. It ain’t going away no matter how devalued it becomes. Legal tender laws WILL BE enforced.”
would those merchants still take euros at a favorable exchange rate, or did bad money completely drive out good ?