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 I wants a million dollars

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Agi Hammerthief
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PostPosted: Sun Apr 12, 2009 6:10 pm Reply with quoteBack to top

Image

where can I get one of those?
here in europe.

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Jay leno
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PostPosted: Sun Apr 12, 2009 6:13 pm Reply with quoteBack to top

thats worth about 59 pence.

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Master of Puppets
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PostPosted: Sun Apr 12, 2009 6:21 pm Reply with quoteBack to top

Brilliant! I've got to get me one of those.

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Inkerman
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PostPosted: Sun Apr 12, 2009 7:00 pm Reply with quoteBack to top

I see your ONE MILLION and raise you.....................ONE HUNDRED TRILLION!

Image

Worth about £2.59...................£2.57.......................£2.13.................£1.74

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Agi Hammerthief
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Joined: 12 Mar 2006
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PostPosted: Sun Apr 12, 2009 7:54 pm Reply with quoteBack to top

Inkerman wrote:
I see your ONE MILLION and raise you.....................ONE HUNDRED TRILLION!

Worth about £2.59...................£2.57.......................£2.13.................£1.74

yeah I'm aware of that

One Million has a nice ring about it though
plus I don't have to squint to count the zeroes

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Mr Tambourine Man
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PostPosted: Sun Apr 12, 2009 8:53 pm Reply with quoteBack to top

Agi Hammerthief wrote:

where can I get one of those?
here in europe.

I'd be surprised if it's even possible. Currency is in short supply even in Zimbabwe. It can't afford to pay for bank note paper.

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Cachuma
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PostPosted: Sun Apr 12, 2009 9:06 pm Reply with quoteBack to top

I was in Bali recently, and the Indonesian rupiah (I think that's what it is) is one of those currencies with lots of zeros counting up to not much money. I will admit it was kind of a heady experience spending "millions" on things! As I recall, 1 million rupiahs was worth something in the neighborhood of $80 US dollars. It made for some interesting shopping experiences.

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Jay leno
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PostPosted: Sun Apr 12, 2009 9:17 pm Reply with quoteBack to top

Turkey is much the same

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Larson
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PostPosted: Sun Apr 12, 2009 9:34 pm Reply with quoteBack to top

@Cachuma

In Zimbabwe you'd spend tens of thousands of trillions of dollars buying groceries. Smile

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Cachuma
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PostPosted: Sun Apr 12, 2009 9:50 pm Reply with quoteBack to top

I just checked XE.com's currency converter, and it shows that 1 million ZWD currently converts to about $4000 US dollars. But it has this notice:

Quote:
Notice: The Zimbabwe government redenominated the ZWD again on February 2, 2009 at a rate of 1,000,000,000,000 old ZWD to 1 new ZWD.


HOLY CRAP! Shocked So you're right, up until a couple months ago, 1 TRILLION Zimbabwean dollars was literally worth 4 tenths of 1 cent!

That's wild! That would require a level of mathmatical skills far surpassing mine, just to go to the corner market.

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Seven of Nine
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PostPosted: Sun Apr 12, 2009 10:13 pm Reply with quoteBack to top

The Zimbabwean stock exchange no longer trades in Zim $. It's simply too volatile and being regarded as worthless doesn't help anyway.

This lot was worth around 25 to 50 US cents last year.
Image

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Yastreb
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PostPosted: Sun Apr 12, 2009 11:00 pm Reply with quoteBack to top

Jay leno wrote:
Turkey is much the same


Back in 2000, I was in Turkey, and it was quite an experience trying to stow the money I got after changing two US$100 traveller's cheques... I think I was given about 72 million lire. A can of coke cost 500,000...

Turkey revalued since then, IIRC, so they might not have that problem any more.

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Master
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PostPosted: Sun Apr 12, 2009 11:53 pm Reply with quoteBack to top

the markets around the corner from me has a guy selling them.

from memory they were going for a staggering $10-$20.
talk about a profit. Rolling Eyes

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Merry Widow
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PostPosted: Mon Apr 13, 2009 12:55 am Reply with quoteBack to top

Is that an expiration date on that money? Do their bills really expire? Are you suppose to trade it in at the bank before that date?

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D11
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PostPosted: Mon Apr 13, 2009 3:09 pm Reply with quoteBack to top

Yea they really expire, imagine you release 20,000 notes valued at 1 trillion.

The currency is changed, so 1 trillion = 1. But you have a non expiring note - your suddenly very rich. Hence they make them expire, and only redo the value after that date. Meaning new notes dont have 1 trillion value.

The other way is have "new" money printed with an equiv value. Like old english 10 notes and new 10 notes etc.

As the values are changed so must the money, either by date or design.

Still they will be worth something in the future, if just historic relics from a world still shoved so far up its own end these things can happen.

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frank.lester
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PostPosted: Tue Apr 14, 2009 5:57 am Reply with quoteBack to top

a small notice in an austrian newspaper said yesterday: ........
Zimbabwe suspends its own currency
Since January, the government already used several foreign currencies as payment, like $, €, and Rand, and now suspends the own currency for at least one year.
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