The meaning of inflation...

Discussion in 'General Discussion' started by slots, Feb 21, 2008.

  1. slots

    slots Monkey+++

    Things could get a lot worse.. :)

  2. Blackjack

    Blackjack Monkey+++

    Hell, that even looks like Chinese money....... we could even pay them to print it. It wouldn't have as far to travel that way.
  3. TnAndy

    TnAndy Senior Member Founding Member

    "One junior cheeseburger, please......leave off the cheese if that won't cover it......"
  4. slots

    slots Monkey+++

    What amazes me is the "on or before" date on the front, implying the note might be worth less than the sum printed the following day. Makes it pretty much valueless as a currency.
  5. Tango3

    Tango3 Aimless wanderer

    :lol:I 've got 1000 Nigerian versions coming for a small processing fee[dunno]:lol:[gone]o_O
  6. melbo

    melbo Hunter Gatherer Administrator Founding Member

    Most folks don't realize that a peso was once a unit of value, a lot like a dollar. Now 50,000 peso notes are used to by lunch. Mexico never started off printing 100,000 peso bills...

    Zimbabwe didn't plan for that either.

    What's even more interesting to me is that the US did have 10,000 bills before the Fed got into place and before we discovered inflation. They started pulling all the large bills to make us think that our dollars had value.

    If you don't think that our Dollar has lost half of the negligible value (purchasing power) it had in the past 2 years, take a look at the price of milk, the price of gas, and the price of gold... all doubled. the prices aint goin up... the dollar is falling.

    Here is lunch for eight in Zimbabwe:
    paying for lunch.
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