Fiat currency has an interesting side effect: it makes you increasingly creative about where to hide your wealth.
Gold in a vault. Art on a wall. Real estate. Collectibles. And apparently, even a ban...
@Abuirfhan The banana went for 6.2 million dollars at Sotheby's in November 2024 and the buyer ate it. That is the clearest picture of the problem: once the unit of account leaks, the market will price fruit and duct tape as a store of value before it prices the currency as one. Saving in money should be the boring default, and the fact that it is not is the whole case in 1 sentence.