Thursday, May 14, 2009

Markets in Everything: Billion Dollar Notes

Zimbabwean notes for sale: $100 billion, $50 billion, $25 billion.

4 Comments:

At 5/14/2009 10:00 AM, Blogger Richard said...

I sense a certain Dr. Evil will be pleased about this.

 
At 5/14/2009 10:46 AM, Blogger Steven Rodgers said...

Check out eBay. $100 trillion notes are available!

I wonder if, in the future, people in China will be buying $1 million U.S. notes?

 
At 5/14/2009 2:04 PM, Blogger LoneSnark said...

I bought myself a $100 trillion dollar note a week ago for $1.30 shipped. It was first-class mailed from Britain, so deduct the price of the stamp and effort to mail it and that is what the note was worth.

I still want to know why Zimbabwe has not flooded E-Bay with notes for sale straight from the Zimbabwe central bank. Or, maybe they have, and this is the price where they maximize total revenue.

 
At 5/14/2009 2:49 PM, Blogger Free Trader said...

I have a framed copy of that bill on my desk. It is next to the 2 million mark I have from 1923 Germany and next to the framed Bre-X business card.

Do you see the trend?

 

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