Stamps

So the Kiwis have done it… stamps with no dollar value.

Fixed to a monopolistic service provision this might be one of the safest places to park your wealth.

I like the idea of (a) buying a shit load, and (b) swapping stamps for dollars as needed at some stage in the future.

At a certain scale though this activity would pervert the value of the things.

Especially when Goldman Sachs starts trading derivatives on them. Call it a zero coupon coupon.

And of course the US would print a trillion of their own version in the first week. And bust the debt ceiling by mailing them all out.