This is a phrase I coined myself to refer to the phenomenon of money ceasing to have any value – becoming essentially like Monopoly money. It tends to occur when:
- Using foreign currency
- Buying on the internet
- In bidding wars on eBay
- People around you are spending money like its water
- Sales time is on
It might be a case of “if you can’t see it then maybe it doesn’t exist”. Invisible money! I think we have all been there!