These sound more like junk bonds than currency.
Once my severance runs out, I’m going to start paying in MoleMan money. That’s a currency you can bank on. (Well, you could burn it on a river bank to keep you warm.)
No kidding!
Yep. Like this guy who had invested in beer stocks which crashed, and found out he’d have had more on the return by drinking it and getting the 5cents per can recycling credit.
You can’t make business with paper. You got to have the beer sold too.
Californica is making paper and producing no drinks under its socialism. With no tax payers or slaves left, all diseased up from exploited prostitution, how will Californica pay?
What a disaster. Banks are screwing themselves in this deal or betraying their customers.
Hey don't forget to offer 10 or 15% interest, payable upon "redemption", wink wink. And when redemption time comes and goes and you're still broke, just issue new ones, like CA is going to do.