Admiral Valdemar wrote:I think the US needs to reprint that Marshall Plan one-trillion dollar bill again.
Bills just don't have quite the same grandeur as coins. Who cares about bills with absurd numbers on them?
But its interesting how normal looking bills they can make but with some utterly absurd numbers on there. For example, behold the bill with the highest explicitly printed numerical value ever, the circa '94. Yugoslav dinar:
You have all the typical trappings of a modern bill; a famous person with a stern look, some artsy fartsy background, a white part to the side, and then you see the whooper of a number. I wonder what was the lowest denomination they bothered printing (at some point the paper and the printing process were more expensive then the nominal value of the bill!)?
Netko wrote: I wonder what was the lowest denomination they bothered printing (at some point the paper and the printing process were more expensive then the nominal value of the bill!)?
Lots of coins cost more to produce then they are worth, the US penny for example has often been worth less then its value as scrap and businesses and banks lose money processing large numbers of them.
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Netko wrote: I wonder what was the lowest denomination they bothered printing (at some point the paper and the printing process were more expensive then the nominal value of the bill!)?
Lots of coins cost more to produce then they are worth, the US penny for example has often been worth less then its value as scrap and businesses and banks lose money processing large numbers of them.
Coriolis wrote:
Holy shit that's enormous! How did Yugoslavia deal with that inflation?
Badly - it trashed a lot of their economy (it should be noted that at this point Yugoslavia was down to Serbia and Montenegro). Once the situation stabilized somewhat, they quickly did a currency replacement where the dinar was replaced with the novi (new) dinar - at an absurd rate of 1 novi dinar for 10-13 million old dinar. The overall effect of the '89-'94 hyperinflation (that is accounting for all the earlier xyz dinar to zyx dinar replacements) - one novi dinar was worth about 1 x 10^27 - 1.3 x 10^27 '89 dinars.
This just in. The NFL is already attempting to rent the thing for the next superbowl.
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