213k views
3 votes
f a country's money loses its function as a store of value, __________. people will no longer hold their savings in that currency people will trade the money for alternative foreign currencies people will buy precious metals all of the above

1 Answer

5 votes
All of the above are true: people will no longer value this money. Instead, they will try to get hold of other currencies or precious metals (or other assets such as property) and they will try to get rid of this currency.
User Einius
by
8.3k points