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buying Euros for Sept.?



 
 
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  #21  
Old May 7th, 2010, 09:57 AM posted to rec.travel.europe
Martin[_11_]
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Posts: 64
Default 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  
Old May 7th, 2010, 06:46 PM posted to rec.travel.europe
Hatunen
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Posts: 4,483
Default 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  
Old May 7th, 2010, 06:48 PM posted to rec.travel.europe
Hatunen
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Posts: 4,483
Default 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  
Old May 7th, 2010, 10:15 PM posted to rec.travel.europe
Hatunen
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Posts: 4,483
Default 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  
Old May 10th, 2010, 08:18 AM posted to rec.travel.europe
Tim C.[_5_]
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Posts: 920
Default 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  
Old May 10th, 2010, 08:46 AM posted to rec.travel.europe
Martin[_11_]
external usenet poster
 
Posts: 64
Default 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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