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#21
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buying Euros for Sept.?
Tim C. wrote:
On Wed, 5 May 2010 23:57:08 +0200, Wolfgang Schwanke wrote in post : : Why so modest, it used to be DM 20 at one time. Whichi is why before 2002 "Pfund" was colloquial German for a 20 DM note. I've never heard that for money, only weight. Nor me. Maybe it is not used in front of aliens :-) |
#22
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buying Euros for Sept.?
On Thu, 6 May 2010 20:44:56 +0200, Wolfgang Schwanke
wrote: S Viemeister wrote in : There was time when a pound was RM milliards. http://snyderstreasures.com/images/p...lionRM25Jul23F. jpg I inherited a box full of notes and postage stamps from that era - it was fascinating seeing the increasingly enormous numbers on them. In 1922/23 the value decreased to 1/10th about once every ten days. There are merely three months between Hatunen's 20 million note issued 25 July, and this one issued 1 November the same year (the original of my "eine billion euro" spoof): http://www.muenzauktion.com/aurich/pic/r.126_b_.jpg Note that in German "eine Billion" is one trillion, i.e. 1E12 marks. The cause were Germany's debts from WW1 and the Versailles treaty. The government tried to pay the debts by printing notes. Were the debts not imposed in gold? This would have been typical at that time. -- ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
#23
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buying Euros for Sept.?
On Thu, 6 May 2010 08:02:11 -0700 (PDT), "
wrote: That is totally unrreasonable. First, it was not a contdition imposed in Hatunen's challenge. Second, I can buy yuan at several major US banks (Bank of America, Citibank, Wells Fargo, HSBC, etc). Third, the commissions and fees can be negligible at some of these banks if you are considered an "elite" customer. Fourth, RMB are available at most currency exchange offices, where the markups are only slightly unreasonable (check out any "international" airport or the toursit areas of most major cities, like NYC, SF, LA, Paris, London, Rome, etc). You have a different definition of "slightly" than I do. -- ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
#24
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buying Euros for Sept.?
On Fri, 7 May 2010 21:35:59 +0200, Wolfgang Schwanke
wrote: Hatunen wrote in : The cause were Germany's debts from WW1 and the Versailles treaty. The government tried to pay the debts by printing notes. Were the debts not imposed in gold? This would have been typical at that time. The Versailles debt probably was, but the government also had debts against German civilians which were in currency. It was mainly those they got rid of. According to wikipedia the wilful inflation was also a "political signal" to the victors that Germany was unable to pay its debt. I have quite a bit of reading about the Weimar period and have also seen it said that inflation was allowed to run rampant in order to eliminate the internal governmental debts. -- ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
#25
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buying Euros for Sept.?
On Fri, 7 May 2010 21:37:01 +0200, Wolfgang Schwanke wrote in post :
: Martin wrote in : Tim C. wrote: On Wed, 5 May 2010 23:57:08 +0200, Wolfgang Schwanke wrote in post : : Why so modest, it used to be DM 20 at one time. Whichi is why before 2002 "Pfund" was colloquial German for a 20 DM note. I've never heard that for money, only weight. Nor me. Maybe it is not used in front of aliens :-) "Pfund Sterling" or just "Pfund" is the common term. You wouldn't normally say "pound" when speaking German. I guessed that :-) Still don't recall hearing it. -- Tim C. The man who treats a homonym as a synonym has a pun in 'im. |
#26
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buying Euros for Sept.?
Tim C. wrote:
On Fri, 7 May 2010 21:37:01 +0200, Wolfgang Schwanke wrote in post : : Martin wrote in : Tim C. wrote: On Wed, 5 May 2010 23:57:08 +0200, Wolfgang Schwanke wrote in post : : Why so modest, it used to be DM 20 at one time. Whichi is why before 2002 "Pfund" was colloquial German for a 20 DM note. I've never heard that for money, only weight. Nor me. Maybe it is not used in front of aliens :-) "Pfund Sterling" or just "Pfund" is the common term. You wouldn't normally say "pound" when speaking German. I guessed that :-) Me too ) Still don't recall hearing it. Nor me. We don't mix with right people. The ABN Amro no longer deals in foreign currency for amounts less than EUR 1000 and even then a week's notice is required. |
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