PRISON CURRENCY

It’s interesting to see that prisons have their own ‘economy’

Certain goods hold value:

- Tobacco
- Ramen Noodles
- Tinned Tuna

These are used as a medium of exchange like fiat money

These items are difficult to get into prison so have a limited supply

They cannot create more cigarettes easily

So they become more desirable to inmates 

Legal services, Tattoos, and barbering are examples of services that inmates offer in exchange for desirable goods—their very own version of ‘money’.

Since leaving The Gold Standard governments have lost this fundamental principle

If money is easy to increase, the value decreases

Leave £1,000 or 50 Packets of ramen in the Chow Hall

#Bitcoin 

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