A Ten Trillion Zimbabwe Dollar Bill

[KenJackson]

I just ordered a Ten Trillion Dollars note (https://www.amagimetals.com/currency/10-trillion-zimbabwe-dollars) issued by the Reserve Bank of Zimbabwe.

And I'm paying less than US $5!

[palani]

I just ordered a Ten Trillion Dollars note (https://www.amagimetals.com/currency/10-trillion-zimbabwe-dollars) issued by the Reserve Bank of Zimbabwe.

And I'm paying less than US $5!

So you are willing to support the regime of Robert Mugabe to make a point?

[Neuro]

So you are willing to support the regime of Robert Mugabe to make a point?
I don't think it is legal tender any longer in Zimbabwe. Unless he bought it from an official in Robert Mugabes regime, your point is moot.

[madfranks]

Why not the $100 trillion note?

[palani]

your point is moot.
The principle isn't though. By using FRNs you are supporting the 'bama machine. Samo Samo as supporting Mugabe.

[Neuro]

The principle isn't though. By using FRNs you are supporting the 'bama machine. Samo Samo as supporting Mugabe.
How are you supporting Mugabe when you are buying a novelty that isn't legal tender any longer in Zimbabwe?

[KenJackson]

..., your point is moot.


The principle isn't though. By using FRNs you are supporting the 'bama machine. Samo Samo as supporting Mugabe.

Bingo.

This is a showpiece. I intend to display it at work. When people come to bother me, some will look at it and ask if it's real. (Though some would feel foolish asking such a seemingly stupid question.) I'll say, yes, and that's where America is headed too by printing up trillions of dollars an an increasing rate, we'll be there before you know it.

I live and work in a predominantly Democrat (i.e. fascist) environment, where I feel it's unwise to discuss politics. But discussing this practical technical issue is probably removed enough from politics that I may be able to open the eyes of a few.

[palani]

I live and work in a predominantly Democrat (i.e. fascist) environment
Democrats take it as a matter of faith that their leader is infallible.

Say you lived in NYC and loved it. Say someone came up to you telling you all the bad things about NYC and reasons why they wouldn't live there among all the gangs that can mug you.

Now say you lived in a lonely part of the Sierra Nevadas. Say someone came up to you telling you all the bad things about living in isolation in a beautiful wilderness with animals that can eat you.

In either case .... are you likely to pack your bags and relocate?

[osoab]

Bingo.


I live and work in a predominantly Democrat (i.e. fascist) environment, where I feel it's unwise to discuss politics.

Both sides of the spectrum are fascists. That's the beauty of it all.

[KenJackson]

Both sides of the spectrum are fascists. That's the beauty of it all.

I can't tell if you're making a joke, but no they're not.

Some people call fascism and Nazism "conservative" or "right wing". I always wondered how on earth either of those have anything in common with American conservatism or America's "right wing". What value does "conservative" have as a word if it means both the state-controlled lack of freedom in Italy and Germany of the 1930's and early 40's, and the quest for freedom (including freedom of capital) and individual liberty of American conservatives?

Then I read that the notion of the Nazis being conservative came from Russia's Stalin, who recognized that Hitler was slightly to the right of him (and of Russia) on the left-right scale. Hitler is to the right of Stalin, so leftists even to this day call fascists and Nazis "right wing". But in fact they're way, way to the left of American conservatism (and libertarianism).

[osoab]

I can't tell if you're making a joke, but no they're not.

Some people call fascism and Nazism "conservative" or "right wing". I always wondered how on earth either of those have anything in common with American conservatism or America's "right wing". What value does "conservative" have as a word if it means both the state-controlled lack of freedom in Italy and Germany of the 1930's and early 40's, and the quest for freedom (including freedom of capital) and individual liberty of American conservatives?

Then I read that the notion of the Nazis being conservative came from Russia's Stalin, who recognized that Hitler was slightly to the right of him (and of Russia) on the left-right scale. Hitler is to the right of Stalin, so leftists even to this day call fascists and Nazis "right wing". But in fact they're way, way to the left of American conservatism (and libertarianism).

http://jimmysintension.com/wp-content/uploads/2013/02/homer-doh.jpg

[madfranks]

I can't tell if you're making a joke, but no they're not.

Some people call fascism and Nazism "conservative" or "right wing". I always wondered how on earth either of those have anything in common with American conservatism or America's "right wing". What value does "conservative" have as a word if it means both the state-controlled lack of freedom in Italy and Germany of the 1930's and early 40's, and the quest for freedom (including freedom of capital) and individual liberty of American conservatives?

Unfortunately, nowadays, the average American conservative is not interested in individual liberty and freedom. The typical conservative supports the drug war, supports wage controls (minimum wages), supports the government war machine, supports social welfare programs, supports government involvement in managing the economy, etc.

[KenJackson]

I received my ten trillion dollar note today. Very nice.

I began to wonder if this was ever really currency, so went to xe.com (http://www.xe.com/currencycharts/?from=USD&to=ZWD&view=10Y) and found this:

6424

If this graph is to be believed, my note had a value of US$17.22 prior to June 2008, fell rapidly to US$1.87 in July and then plummeted down to $0.15 on August 1.

Notice the "high" on the graph. The bubble topped out at over 65 trillion Zimbabwe dollars per one US dollar.