67 votes

A picture's worth $100,000,000,000,000 dollars

I really enjoyed these pictures; they say in an instant what a few hours of arguing about the Fed never will.

http://shadesofthomaspaine.blogexec.com/index.php/entry/this...

If the key to prosperity is money printing, then why does poverty exist anywhere in the world?

EDIT: BE SURE TO READ SERBS4RONPAUL'S COMMENT BELOW ABOUT THE SERBIAN HYPERINFLATION.

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That is hilarious

Can I have 3 trillion dollars worth of apples please ?

Freedom is a byproduct of acceptance - judge not.

Maybe it'll bring a return of traditional children's activities

:) https://lh6.googleusercontent.com/-Zyyr1dVetzI/TXKXko6x_oI/A...

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir

Just slam a $5T bill on the counter.

Keep the change.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

Commander in Chief, or...

Commander in THIEF!!!

Sad to think that the Wilson

Sad to think that the Wilson $100k bill was never circulated in public. If someone stole one and threatened to rip it up in protest, the Fed would have just printed another sheet and been on their way.

Southern Agrarian

Do you know if those are legal tender?

I'd love to bust one of those out at a Wendy's.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

In Romania

I got around 1 million Leu for about $100
It was common to drop 5000 Leu at McDonalds...

Leu

When Fascism goes to sleep, it checks under the bed for Ron Paul!

Yep

The Zimbabwean $100,000,000,000 note seems to be the most widely known example of this, gets 'em every time.

That said, a lot of people still don't think it could ever happen to us, at least not to such an extreme. "They (who?) would never let it get *that* out of control!" And this is based on...?

*crickets*

Oh well...

A signature used to be here!

Weimar Germany is a fine example of your point

Next door neighbors to Switzerland, I don't feel like these guys were given to loony monetary policy.

While I was reading "When Money Dies" which chronicled the Weimar-era inflation, it became clear how reasonable people were pressured to do unreasonable things.

Democratically elected officials would promise to end the "money shortage", central bankers would be kicked out unless the complied, and laborers were all too happy to take the wage increases to meet spiraling prices.

At the personal level, when the loaf of bread doubles in price, you need twice as much money. Political reality kept this cycle going.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

The difference.

See this one is good:

And this one gets you arrested:

There is nothing strange about having a bar of soap in your right pocket, it's just what's happening.

You guys are way cooler than me

How do you post pictures?

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

Jefferson's picture

FAQ's

Thanks!

http://shadesofthomaspaine.blogexec.com/index.php/entry/euro...

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

We should embrace hyperinflation

when else can we own a Quadrillion dollar car or a Trillion dollar suit.

Gold standard: because man can not be trusted to control his greed

They arrested VonNothouse for this but....

Mickey has connections.

There is nothing strange about having a bar of soap in your right pocket, it's just what's happening.

Hyper-Inflation!!! Barack-a-Zillion: Strongest Currency of All.

Barack-a-Zillion... Pay as you go... And go... And go...

World's Strongest Currency: Barack-a-Zillion
Submitted by Mark Twain on Fri, 01/25/2013 - 15:09.

Meet the creator of Barack-a-Zillion right here at DailyPaul in this forum. He is a member.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Hyper-Inflation... Time immoral... Each generation must learn.

Hyper-Inflation... Time immoral... Each generation must learn.

HTML to present link w/ image: <a href="http://shadesofthomaspaine.blogexec.com/index.php/entry/this-is-why-printing-money-isnt-going-to-work-in-pictures"><img height=200 align=left src="
http://shadesofthomaspaine.files.wordpress.com/2013/01/zimbabwe_100_trillion_dollar_bill.jpg"></a>

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

The FED is printing the newly designed $100 bills right now.

http://www.newmoney.gov/newmoney/default.aspx

Press Release - April 24, 2013
For Immediate Release
April 24, 2013

Federal Reserve Announces Day of Issue of Redesigned $100 Note

The Federal Reserve Board on Wednesday announced that the redesigned $100 note will begin circulating on October 8, 2013. This note, which incorporates new security features such as a blue, 3-D security ribbon, will be easier for the public to authenticate but more difficult for counterfeiters to replicate.

The new design for the $100 note was unveiled in 2010, but its introduction was postponed following an unexpected production delay. To ensure a smooth transition to the redesigned note when it begins circulating in October, the U.S. Currency

I'm trying to decide whether

we'll ever see a $500 bill in circulation or if the push will be to go cashless instead.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

I'd love to give you more

I'd love to give you more information but I was perhaps ten years old at the time.

I can get some more first hand accounts from the older generation (I'm 30 years old FYI)

This is what I do know:

Basically People were running from their job to the banks/exchange offices (black market types were often used when the institutions couldn't handle the influx or eventually were made illegal) to get foreign currency. Their pay checks were literally declining in value by the second. If you were delayed an hour or two to the exchange you might've lost up to 20% of your money's value due to mark up from lack of supply.

Those who had ties to (or lived in) villages (Farmers) survived fairly well. Those who had no ties to villages or black/grey market commodities didn't do as well. There were bread lines and gas lines.

Those on fixed incomes were nearly wiped out. They were selling property for pennies. $500 bucks US could buy u 10 apartments at the lowest point. There was violence on the street, there were gangs roaming about removing the shoes of children at gun point to sell for Deutsche Marks.

2 things sparked the inflation, Sanctions and foolish implementation of IMF (or whatever the precursor entity was back then) ideas for stabilizing the economy.

Inflation that started slow ended up ramping up to about 300% a day perhaps more. If you want to imagine it like this;

a pack of gum today at $0.50 was $1.50 tomorrow was $4.50 the next day, then $13.50 then $40.50. So if you bought a pack on monday you could sell it on friday for 40 bucks "profit" sadly that $40 by the time you get it in your hands might not buy you a pack of gum. lol

For more on what the grown ups (at the time) thought. I'll have to get back to you.

You should post this by itself for everyone to read

The image of gangs robbing children of their shoes is just about as bad as any situation can get.

Its sad that this image, repeated over and over throughout history can be prevented with something as simple as a silver dime.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

If you can buy a pile for a penny each

And sell them for a quarter, you've done better than most 401(k)s, thats for sure.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

That was enough

That was enough Dinars to buy an ice cream cone in those days at least the week they came out. 1 week later and you needed 5 of them. It was a wonderful time to own Deutsche Marks or any other currency. Suffice it to say the black and gray markets were doing well in those days.

Oh awesome!

You were actually THERE spending these things?

Please, please write a post about that experience and put a link up!

What did the government say about all that?
What did most people blame the problem on?
Who came out alright?
Who suffered most?
What sparked the inflation?

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

What idiot would put his face on one of these

colossal notes? They will probably stick Ron Paul's cute little mug on the 10 Billion dollar note when we get to that point. They always slap the faces of those who hated fiat on the notes. With the exception of Lincoln.

World's Strongest Currency: Barack-a-Zillion

Comments:

The Barack-a-Zillion http://www.barackazillion.com
BTW, years ago I bought a ton of the $100 trillion Zimbabwe notes. They have appreciated by about 400%!

    Reply
    On January 25, 2013 at 4:24 pm ourarbiter said:
    Oh that is so wonderful. “Barack-a-Zillions are redeemable for more Barack-a-Zillions”. What’s the exchange rate for an ounce of gold?
      Reply
      On January 25, 2013 at 7:23 pm Doug said:
      Good question! At the going rate for the “gold” Barack-a-Zillions, it is about 110. For the Green and Blue Barack-a-Zillions it is 160. As you may guess, exchange rates are set by me since I am the creator of the currency, and can be changed at anytime at my discretion.

Barack-a-Zillion comes complete with online user guide & film clip.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Barackazillion

Hi Mark, I don't post here about it much, but I created the Barackazillion to show what a joke our Federal Reserve Note currency system is. I made the gold and silver versions worth more than the green and blue versions which are worth less (hidden meaning, "worthless").

Having fun in creating them, I claim they are "as good as gold and even have a picture of Fort Knox on them." It is the only currency in the U.S. that has a smiling President on it. It says, "In Barack We Trust" instead of God. "Money We Can Believe In" and it also says "this note is for all debts where accepted." In tribute to Ron Paul I included the term "Competing Currency" on it.

Lastly, yes, Barackazillion's are redeemable in more Barackazillion's (I have an unlimited supply!)

Side note: I am creating a video on the history of money and gold and what truly backs the dollar. If I could clone myself, it would be finished by now.

Author of Buy Gold and Silver Safely
Next book: Illusions of Wealth - due out soon
Also writing book We the Serfs!

Clone yourself as "Mark Twain" or perhaps a fiction writer.

Dear Doug Eberhardt,

I am delighted to here of your adventure with zillions to spend.

Your zillion note & corresponding film is self explanatory. Unique work. A revenue producer I hope. I would be delighted further to be a low cost distributor for you. I give small coin away regularly to any good adventure. I have a bag full of the nickel clad "In God We Trust" large dollars from the 1970s (1 1/2 inch diameter).

I could trade you a dollar coin ($2 shipping? US Post rates going up again).

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul