Not that it makes much difference to me, I have no money, I just have debts. I'm vaguely aware that in olden times debt was theft, it was a dishonest accumulattion of wealth. Not so in 21st century Britain, I have overdrafts and credit cards, so that makes it all okay them.
Right now I am unemployed, for the past ten years I have been paying National Insurance and now I am claiming it back in Job Seeker's Allowance. Anyhoo, that doesn't help my debts, they remain constant.
As the pound devalues my debts become less.
We need alternative currencies, here are a couple we can try out.
Big Mac - Sold all over the world and a concrete thing that you may or may not consume (price taken from Brent Cross branch)
GoldGrams - Units of gold available from GoldMoney
Minimum Wage Hour - whatever you earn for one hour's work at minimum wage
JSA week - one week's worth of Job Seeker's Allowance.
Their values are as below in current pounds sterling, I suspect this will change over the coming weeks.
- Big Mac - £2.09
- GoldGrams - £21.18
- MWH - £5.73
- JSA - £60.50
- GBP - 0.48 Big Macs
- GoldGrams - 10.13 Big Macs
- MWH - 2.74 Big Macs
- JSA - 28.94 Big Macs