Another way to get your butt reamed, no hedge for this one Einstein

I read that a man in India (4th world?)

Lost his life savings

Stored in currency

In a safe deposit box

To Termites.

F&*K.

Owned.

BUGgered.

 

He should've kept his savings in coins. At least those have a residual melting value.

How much were his savings, anyway? A hundred rupees?

 

intrinsic value of fiat currency

 

Here's a more detailed version of the story.

Indian Man Phucked Out of his Life Savings

Man ... India sucks.

That's a lot of money (relative) to get screwed out of and not many opportunites to make it back given the economic constraints of the culture.