It seems that you're using an outdated browser. Some things may not work as they should (or don't work at all).
We suggest you upgrade newer and better browser like: Chrome, Firefox, Internet Explorer or Opera

×
Community
General discussionInflations gone mad 1000%+(24 posts)(24 posts)
(24 posts)
Pages:
1
2
This is my favourite topic
Posted May 31, 2016
Blood and Wine must have cost more than we thought.
1000% rise in prices is a bit much though.

After checking my account, it appears I've moved to Sweden.
Those are Swedish Krona prices, as I discovered.
It had replaced the value withourt changing the sign
Now instead of gettig UK £'s I get the Swedish money.
Nothings changed in the settings all UK except the money
Attachments:
gog_inflation.jpg (184 Kb)
Post edited May 31, 2016 by UhuruNUru
Posted May 31, 2016
Oh, I thought this was about breast implants.

Never mind.
Posted May 31, 2016
Just a harmless bit of hyperinflation, it has happened before:
Attachments:
inflation.jpg (161 Kb)
Posted May 31, 2016
Your $5 vouchers must be worth much more now.
Posted May 31, 2016
avatar
awalterj: Just a harmless bit of hyperinflation, it has happened before:
and again doubt this will be beaten soon
Posted May 31, 2016
avatar
awalterj: Just a harmless bit of hyperinflation, it has happened before:
Mind boggling. Remember a documentary I saw once. Sometimes the ppl transporting that money in a wheelbarrow got robbed. From the wheelbarrow; the money was dumped.
Posted May 31, 2016
avatar
anothername: Mind boggling. Remember a documentary I saw once. Sometimes the ppl transporting that money in a wheelbarrow got robbed. From the wheelbarrow; the money was dumped.
You mean they only took the wheelbarrow? Makes sense, I guess. XD
Posted May 31, 2016
avatar
anothername: Mind boggling. Remember a documentary I saw once. Sometimes the ppl transporting that money in a wheelbarrow got robbed. From the wheelbarrow; the money was dumped.
avatar
CharlesGrey: You mean they only took the wheelbarrow? Makes sense, I guess. XD
Yep, was more valuable. All left was a pile of paper back then called money.

I guess at that point blank paper was more valuable too :D
Posted May 31, 2016
avatar
CharlesGrey: You mean they only took the wheelbarrow? Makes sense, I guess. XD
avatar
anothername: Yep, was more valuable. All left was a pile of paper back then called money.

I guess at that point blank paper was more valuable too :D
I guess you could still use the "money" as toilet paper, or for heating.

If inflation ever spirals out of control like that again, I imagine we'd either go back to a barter system, or some good old fashioned anarchy. Probably a little of both. Or bottle caps... those are good, too.
Posted May 31, 2016
avatar
awalterj: Just a harmless bit of hyperinflation, it has happened before:
avatar
anothername: Mind boggling. Remember a documentary I saw once. Sometimes the ppl transporting that money in a wheelbarrow got robbed. From the wheelbarrow; the money was dumped.
Germany after World War 1 or Zimbabwe?
https://keripeardon.wordpress.com/2013/06/01/wheelbarrows-of-money-and-the-weimar-republic/
Post edited May 31, 2016 by Gnostic
Posted May 31, 2016
avatar
anothername: Mind boggling. Remember a documentary I saw once. Sometimes the ppl transporting that money in a wheelbarrow got robbed. From the wheelbarrow; the money was dumped.
avatar
Gnostic: Germany after World War 1 or Zimbabwe?
https://keripeardon.wordpress.com/2013/06/01/wheelbarrows-of-money-and-the-weimar-republic/
That documentary was about germany. The stolen wheelbarrow + the pic with the pile of money was what I remembered after reading that post. That was at least 15y ago, probably longer, when I saw it.
Posted May 31, 2016
avatar
awalterj: Just a harmless bit of hyperinflation, it has happened before:
If I'm reading correctly that's a five hundred short billion Mark note. Wow, it's quite something to realise that Germany's currency was even worse than Zimb...
avatar
te_lanus: and again doubt this will be beaten soon
Never mind; Zimbabwe still wins.
Posted May 31, 2016
avatar
Barefoot_Monkey: If I'm reading correctly that's a five hundred short billion Mark note. Wow, it's quite something to realise that Germany's currency was even worse than Zimb...
yup, you’re reading correctly.

one of the stories my late grandmother told me of her family back after ww1 (she was born 1922, so she must have been told by her parents) was quite similar to the things mentioned in the wordpress article linked above: workers running to the bakery to maybe make it while their salary can still buy a loaf of bread.

surreal, really.
Posted May 31, 2016
avatar
awalterj: Just a harmless bit of hyperinflation, it has happened before:
avatar
Barefoot_Monkey: If I'm reading correctly that's a five hundred short billion Mark note. Wow, it's quite something to realise that Germany's currency was even worse than Zimb... Never mind; Zimbabwe still wins.

1945–1946 Ungarn 400.000.000.000.000.000.000.000.000.000 Pengő

→ 1 Forint
Höchste jemals erreichte Inflation mit einer maximalen monatlichen Rate von 41,9 Trillionen Prozent (Verdreifachung der Preise pro Tag)

However, between the end of 1945 and July 1946, Hungary went through the worst inflation ever recorded. In 1944, the highest denomination was 1,000 pengő. By the end of 1945, it was 10,000,000 pengő. The highest denomination in mid-1946 was 100,000,000,000,000,000,000 pengő. A special currency the adópengő – or tax pengő – was created for tax and postal payments.[34] The value of the adópengő was adjusted each day, by radio announcement. On 1 January 1946 one adópengő equaled one pengő. By late July, one adópengő equaled 2,000,000,000,000,000,000,000 or 2×1021 (2 sextillion) pengő. When the pengő was replaced in August 1946 by the forint, the total value of all Hungarian banknotes in circulation amounted to 1/1,000 of one US dollar.[35] It is the most severe known incident of inflation recorded, peaking at 1.3 × 1016 percent per month (prices double every 15 hours).[36] The overall impact of hyperinflation: On 18 August 1946, 400,000,000,000,000,000,000,000,000,000 or 4×1029 (four hundred quadrilliard on the long scale used in Hungary; four hundred octillion on short scale) pengő became 1 forint.

Start and End Date: Aug. 1945 – Jul. 1946
Peak Month and Rate of Inflation: Jul. 1946, 41.9 quadrillion percent[37]
Post edited May 31, 2016 by Painted_Doll
Posted May 31, 2016
avatar
te_lanus: and again doubt this will be beaten soon
Edit: double ninja'ed!

Pediwikia ninja'ed you: 1 [url=https://ru.wikipedia.org/wiki/%D0%93%D0%B8%D0%BF%D0%B5%D1%80%D0%B8%D0%BD%D1%84%D0%BB%D1%8F%D1%86%D0%B8%D1%8F#/media/File:HUP_1000MB_1946_reverse.jpg]Millard[/url] = 1*10^21, Hungary 1946.
avatar
anothername: Yep, was more valuable. All left was a pile of paper back then called money.

I guess at that point blank paper was more valuable too :D
... but, but Dollar is a paper with no backup value soever, pure paper. Its the reason US started Cold War with USSR. Stalin disagreed to accept this kind of currency. Just what happened to Gadaffi (re: Golden Dinar).

But, is [url=https://ru.wikipedia.org/wiki/%D0%93%D0%B8%D0%BF%D0%B5%D1%80%D0%B8%D0%BD%D1%84%D0%BB%D1%8F%D1%86%D0%B8%D1%8F#/media/File:Banknote_500000_rubles_%281995%29_front.jpg]alone.
Post edited May 31, 2016 by Lin545
Pages:
1
2
This is my favourite topic
Community
General discussionInflations gone mad 1000%+(24 posts)(24 posts)
(24 posts)