Monday, April 27, 2015
Hayoung Lim, chapter 11, question 6
What I found interesting in this chapter was the funny money way of valueing money. The very idea that currency exchange would be based one imagination and feeling seemed perposterous to me. Along with that the trading that occurred between East Germany's Vodka and the Pepsi company's cola syrup was surprising since I didn't expect credible companies to use a old-fashion barter system, though it makes sense when East Germany has a soft currency and the exchange of currency is just the same as any other good such as vodka or cola syrup.
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