On Fri, 27 Feb 2009, Jordan Hayes wrote:
>> Citigroup stock: $1.61/share.
>>
>> ATM fee for non-Citi customers: $3.
>
> Can you pay with two shares? "Keep the change!"
There's a genius book on what Germans experienced and how it changed them between 1914 and 1938 by Sebastian Haffner (called _A German's Story_ in German, and _Defying Hitler_ in English -- which is meant *very* ironically). And in it, he has a chapter on the hyperinflation that is fascinating. It turns out that this was exactly the main solution that most people hit on -- that money was worthless, but stock inflated just as fast as money did, so smart people put their money directly into stocks and then used shares as currency.
Michael