NationStates Jolt Archive

Well, I was a trillionaire, until the note ended circulation. Nevertheless, relevant image here (http://economicthought.net/?p=64).

I have one of those as well.

Well, I was a trillionaire, until the note ended circulation. Nevertheless, relevant image here (http://economicthought.net/?p=64).

I have several stamps from Weimar Germany. Not to rub it in your face, but I am much, much wealthier.

I bet a 1 Zimbabwe Dollar bill is worth more than a 1 Trillion Dollar bill simply as a rare collectible. ;)

I was in Turkey during one of their massive devaluations. I woke one morning to find myself no longer a millionnaire :(

I do, however, think that all Zimbabwe's problems would be instantly solved if they went to the gold standard.

I bet a 1 Zimbabwe Dollar bill is worth more than a 1 Trillion Dollar bill simply as a rare collectible. ;)

You're on! Ten thousand of my Confederate dollars against a million of your Zimbabwe dollars.

i wiped my nose with one of those the other day

I have several stamps from Weimar Germany. Not to rub it in your face, but I am much, much wealthier.

I was actually thinking about buying notes from Weimar Germany, but then decided against it.

You're on! Ten thousand of my Confederate dollars against a million of your Zimbabwe dollars.

Ooh! Aah!

I WISH I was a trillionare.

I remember hearing something about a little weirdness in the currency caused by a trillion Zimbabwe dollars being worth one thing on the exchanges, but people buying them for more on ebay.

i wiped my nose with one of those the other day

I used them to start a much needed fire.

new trillionair can i have a loan in usd ?

I do, however, think that all Zimbabwe's problems would be instantly solved if they went to the gold standard.

They could just declare a new currency and promise to back it with gold. But no-one will exchange gold for a "new" ZWD, so they'd need the gold to back it themselves.

Where would they get the gold? And even if they mine it, wouldn't a better use for that gold be to sell it and buy food?

I WISH I was a trillionare.

Granted but it turns out you are a trillionaire in Zimbabwe dollars.

I wish I could get motivated enough to finish this assignment.

They could just declare a new currency and promise to back it with gold. But no-one will exchange gold for a "new" ZWD, so they'd need the gold to back it themselves.

Where would they get the gold? And even if they mine it, wouldn't a better use for that gold be to sell it and buy food?

No, see, what they have to use is purestrain gold, which has inherent value because it was forged in the heart of the Big Bahahahahahahah oh Jesus I still can't believe some libertarians actually adopted that.

Well, I was a trillionaire, until the note ended circulation. Nevertheless, relevant image here (http://economicthought.net/?p=64).

You filthy kapitali$t!

:D

Btw I was a millionaire when we still had the italian lira. (about 2000 lire to 1 €).

Doesn't quite compare to this (http://aes.iupui.edu/rwise/banknotes/hungary/HungaryP137-1milliardBpengo-1946_f-donated.jpg) one billion trillion (one milliard billion, for non-angloes) pengö note, does it?

I bet a 1 Zimbabwe Dollar bill is worth more than a 1 Trillion Dollar bill simply as a rare collectible. ;)

Quite true, as there is no 1 trillion zimdollar bill. ;)

I walk up to women and tell them I'm a zimbabwean millionaire.

I walk up to women and tell them I'm a zimbabwean millionaire.

And they look at your shoes, and say "I'll give you a buck for those?"

Well, I was a trillionaire, until the note ended circulation. Nevertheless, relevant image here (http://economicthought.net/?p=64).

Why do they put rocks on their money? Rocks are worth more than their bills are now.

Why do they put rocks on their money? Rocks are worth more than their bills are now.

Just so you have to decide whether you want to place your scissors on top of or under the bill. ;)

Well, I was a trillionaire, until the note ended circulation. Nevertheless, relevant image here (http://economicthought.net/?p=64).

I wonder if a trillion zimbabwe dollars could buy you lunch at a mcdonalds?

Well, I was a trillionaire, until the note ended circulation. Nevertheless, relevant image here (http://economicthought.net/?p=64).

Is this because you answered the email saying you've won the Zimbabwe lottery ?

And they look at your shoes, and say "I'll give you a buck for those?"

*sigh* I sold them for a loaf of bread.

what' funny is people still thinking money is wealth.
that's just exactly the same as thinking a picture of a cat is a cat.

what' funny is people still thinking money is wealth.
that's just exactly the same as thinking a picture of a cat is a cat.

Money represents a claim on a fraction of the goods and services produced by a country.

Money represents a claim on a fraction of the goods and services produced by a country.
yes and no. try redeaming that claim. there is also the little matter of printing more of it without increasing those goods and services, which is what all this financial "industry" bailout is all about.

Why do they put rocks on their money? Rocks are worth more than their bills are now.

because they are a national symbol. (http://en.wikipedia.org/wiki/Balancing_Rocks)

yes and no. try redeaming that claim. there is also the little matter of printing more of it without increasing those goods and services, which is what all this financial "industry" bailout is all about.

Pretty easy to redeem you exchange them for goods and services.

Yes that's called inflation. Not something I like, but the current regime since the 1930's thinks it is a good thing that because it induces spending.