Obamanomics: Tide laundry detergent being used as currency in some U.S. neighborhoods
Didn’t this happen in Zimbabwe just before their currency collapsed?
…Tide has become a form of currency on the streets. The retail price is steadily high — roughly $10 to $20 a bottle — and it’s a staple in households across socioeconomic classes.
Tide can go for $5 to $10 a bottle on the black market, authorities say, and some thieves even resell it to stores.
“There’s no serial numbers and it’s impossible to track,” said Detective Larry Patterson of the Somerset, Ky., Police Department, where authorities have seen a huge spike in Tide theft. “It’s the item to steal.”
To paraphrase Mark Steyn, when laundry detergent becomes a de facto currency, you’re pretty much done for.
You feeling stimulated yet?
Hat tip: BadBlue.
By meaningless, I mean it is non-binding, as in “it has no force of law”, as in, it is completely
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