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Old 12-12-2018, 10:09 AM   #76
BostonTim
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Quote:
Originally Posted by johnlocke View Post
Here's an interesting bit of trivia about inflation:

"The highest numerical value banknote ever printed was a note for 1 sextillion pengő [. . .] printed in Hungary in 1946."

I randomly stumbled upon this while looking up the names of large numbers on Wikipedia.

And I know that in pre Nazi Wiemar Germany the inflation rate was close to that. It took a wheelbarrow for cash to buy a loaf of bread.

Venezuela is in the same situation.

Anyone notice the similarity. All socialist countries. Yet our intellectuals and youth are pushing for this.

Yeah keep printing money with no commodity base.
If at first you don't succeed, fail, fail again.

Cheers, BostonTim
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Old 12-12-2018, 10:16 AM   #77
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Originally Posted by BostonTim View Post
If at first you don't succeed, fail, fail again.

Cheers, BostonTim
Kinda seems the theme. Right? We can do it better. LOL.
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Old 12-12-2018, 10:28 AM   #78
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One of the post offices in town has a display case containing bank notes from around the world, and from around history. The largest I've seen in there is 250 Million Zimbabwe Dollars.


If anyone is interested, I can take some pictures next time I'm there and post them.
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Old 12-12-2018, 10:36 AM   #79
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Quote:
Originally Posted by sprocketboy View Post
One of the post offices in town has a display case containing bank notes from around the world, and from around history. The largest I've seen in there is 250 Million Zimbabwe Dollars.


If anyone is interested, I can take some pictures next time I'm there and post them.
I'd be interested. That's epic.
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Old 12-12-2018, 11:35 AM   #80
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Quote:
Originally Posted by sprocketboy View Post
One of the post offices in town has a display case containing bank notes from around the world, and from around history. The largest I've seen in there is 250 Million Zimbabwe Dollars.


If anyone is interested, I can take some pictures next time I'm there and post them.
Is that the price of a stamp in Zimbabwe?
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