Multiple currencies were the death knell for Chinese paper money in the Middle Ages (ours, not theirs). People very quickly grasped the fact that both were probably worthless.
Scrip quickly inflated as soon as convertibilty was legislated away. History is about to repeat itself.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.