#hyperinflation | Explore Tumblr Posts and Blogs

poop-store · 2 years

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hypothetically, if i were to make a slide show of all the ghost lore, the papas, the ghouls, the different albums, the ghost chapters, theories, Emeritus family tree, and all that shit would anyone want to see it? anyone want to take a little peek? y’all gonna take a gander at my hyper fixation google slide?

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circulating-eel · 6 months

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100,000,000,000 marks, 1923 Weimar Republic (now Germany)

Denomination: German Papiermark (demonetised)

Composition: paper

Another Weimar hyperinflation banknote, this one hundred billion mark note has a very simple design, most likely due to the hurried production process.

#my banknotes #banknote collecting #numismatics #germany #weimar republic #banknotes #hyperinflation

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bb-blueyellow · 5 months

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Rate my hyperfixations:

#hyperinflation #Crash Bandicoot #Sonic Boom #Tails #fnaf gregory #Song of Nunu

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nkp1981 · 11 months

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German children standing next to a tower of 100,000 marks, equal in value to one US dollar. 1923.

#children #money #hyperinflation

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steelalloy · 1 year

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Gonna share our most popular art piece from FA. Hope you all enjoy it! We loved drawing him back then~

#HelluvaBoss #Stolas #nsfwtwt #furry #hyper #hyperinflation #hypergrowth

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iraqdinar · 2 years

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Counterfeit 100 Trillion Zimbabwe Currency Banknotes Infect eBay’s Zim Offerings

By: Peter Egan

Zimbabwe banknotes (aka: “Zim Bonds”) being sold out of China have been identified as fake. How prevalent is the problem?

“The whole (eBay) marketplace is toxic right now as a result...“ ~ eBay Seller

Sometime in May I made a purchase of an eBay listing for ten $100 Trillion Zimbabwe banknotes from a new seller I was not familiar with who was based out of China. I do business with a couple of Chinese sellers who are great to do business with, whose products are always authentic, relatively inexpensive and delivered to me quickly. This seller is not one of them. The listing was priced well below market rates, and part of me suspected they might be fake. Still, the price was too good to not give it a shot, figuring that if in fact they were fake I could always return them.

BELOW: Counterfeit $100 Trillion Dollar Bill (Zimbabwe Currency)

BELOW: Zimbabwe Flag

Until I saw a counterfeit Zimbabwe $100 trillion dollar banknote from the 2008 hyperinflation currency, I didn’t believe that they even existed. After all, why would anyone who has made the investment into state-of-the-art counterfeiting equipment and the supplies needed to operate it waste their time, money and focus forging a currency that has the dubious distinction of being history’s most worthless currency? They wouldn’t, right?

Well, I figured they’d be out making dollars or Euros or Yen or something similar until I opened up a shipment from an eBay seller whose price was so low I had to take a flier on his products.

Well, my first assessment of these notes from China was correct. The notes did in fact turn out to be fake. However, they were such good fakes that I would be shocked if most buyers would have been able to determine that they were in fact counterfeit. The notes even had the long-rumored color-changing ink on the left-side of the obverse side of the note (more on this in a bit). However, the notes lacked any of the security fibers that glow under ultraviolet lighting, which is the one security feature present in every authentic $100 trillion Zim bond note I’ve inspected. Color-changing ink is not, however so many high-profile sellers have documented that this is a security feature present (it is not -- at least not in enough of the legitimate, authentic notes to be used to exclude all notes absent it) that buyers generally tend to go in with the false impression that notes absent that ink are fake. The truth is that in all of my research, I’ve seen $10, $50 and $100 trillion Zimbabwe banknotes that were authentic and had serial numbers printed with an ink that changed from red to bright orange under UV lighting. However these make up a very small percentage of the notes in these denominations, as most authentic notes do not have this feature.

BELOW: Gif of a Hollywood money counterfeiting machine.

The absence of the security fibers was enough to raise red flags about my purchase from a new-to-eBay Chinese vendor. Other noticeable discrepancies including the coloring being slightly off make me even more suspicious. Finally, I went and brought them to a professional who conformed what by then I already knew --- that the ten 100T notes I bought were fake. When I went to try to return them I found that the seller’s eBay account was no longer active, but by looking at the old listing, I was able to determine that he had sold at least nine lots of ten notes to other buyers besides myself, a few of whom left positive feedback.

“The whole (eBay) marketplace is toxic right now as a result of these fake notes entering circulation over there. There’s no telling how many have not been identified and removed from circulation. The seller who reported these did so at his own expense, and he took a considerable loss to remove the fake ones from the marketplace. How many others would be willing to eat a loss when they know they can get away with selling them and making them someone else’s problem. And that’s just the ones who figure out that they’re fake. Most won’t even get that far, especially collectors who don’t sell the stuff for a living.” ~ eBay Seller on the Plague of Counterfeit 100 Trillion Zim notes on the eBay platform

I personally have observed these same notes as those I had purchased, sold by the same seller, listed for resale by other US-based collectors who had decided to try to take advantage of the low rate to flip some of their steal of a deal (at least in their minds... I doubt most collectors even realize that they’re counterfeit), many selling enough to pay for those they keep. But the problem that causes is now they’re in circulation on eBay and are being traded on eBay among secondary sellers who bought from the same Chinese vendor I purchased from, only they haven’t sold hundreds if not thousands of authentic 100 Trillion notes and weren’t able to establish that they were counterfeit like I was able to do.

BELOW: The counterfeit one-hundred trillion dollar Zimbabwe banknote viewed by me under ultraviolet (UV) lighting.

ABOVE: Notice the total lack of security fibers, an omission that becomes more glaring when coupled with the color-changing ink.

So once I knew the notes were fake and knew I couldn’t return them for a refund, I decided to absorb the loss and not resell them. I will be making a couple of videos in which I’ll attempt to communicate to buyers what to look for and how to know if the note you’ve purchased is real or fake, but other than that I have no intention to use or sell the notes, and will almost certainly destroy them on video, a copy of which will be posted here to prove the notes were all destroyed.

In the meantime, buyers should carefully vet their sellers if buying 2008 Zimbabwe banknotes, especially if buying from eBay. It may be best to just avoid eBay for a few weeks and let the market cleanse itself of the forgeries.

BELOW: Egan Store (good seller who is absorbing a loss so more counterfeit notes don’t enter circulation) official logo banner.

If anyone has any questions I can be reached through the messaging feature on Etsy. The Egan Store Etsy shop URL is: https://www.etsy.com/shop/EganStore, but most repeat customers simply type www.EGAN.store into their web browser of choice to reach us without having to make several unnecessary clicks.

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paulthepoke · 1 year

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This Week in Prophecy: Quake Update, Ataturk Dam, Russia Invites Iran into Syria & Turkey Relations, Iranian Drone Plant in Russia, Lebanon Devalues Currency, Italy Internet Outage

On This Week in Prophecy… After 130 plus aftershocks and counting, two devastating earthquakes of 7.5 and 7.8 magnitude, the Ataturk Dam on the Euphrates River has multiple cracks. Experts have expressed concern and warning. According to Athens News out of Greece, “there are many cracks in the dam after strong earthquakes.” Turkish Professor of Seismology Dr. Nasi Göryur, “I appeal to…

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#Ataturk Dam #devalue #drones #hyperinflation #internet #Iran #Italy #Lebanon #lira #pound #Russia #Syria #Turkey

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circulating-eel · 2 months

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got fifteen new banknotes for my birthday, including a b-pengő and this set of mozambican hyperinflation notes!!!

#my banknotes #banknote collecting #numismatics #hyperinflation

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indizombie · 1 year

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Venezuelan political and economic analyst Luis Vicente León, from Datanálisis consultancy, points out that Venezuelans perceive the economic improvement in the country when comparing the current situation with “the most recent worst situation” — the ‘hypercrisis’ of 2018, when there was widespread shortage and long lines. “But even today many people are living with a lack of energy, water and consumption capacity”, analyzes Léon. And he adds: “Now, the country is not well because we lost 75% of the GDP in seven years and we are far from recovery”, he says. In an interview with a local radio station, economist Asdrubal Oliveros, from Ecoanalítica, a Caracas consultancy, said that economic growth exists and is mainly driven by the private sector. He, however, added: “We were at level 12 below zero and now we are at 8. Economic growth is real, but it is not yet perceived by the majority of Venezuelans.”

‘Why Venezuela will grow 12% in 2022 after 10 years of decline’, Goa Spotlight

#Goa Spotlight #Venezuela #Luis Vicente León #Datanálisis #Hyperinflation #Asdrubal Oliveros #Ecoanalítica #economic growth #private sector

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awesome-casuallyfamouscollector · 2 years

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New passenger car sales in Norway continued the downward trend in July, as the number of registrations amounted to 7,247 (down 31% year-over-year). After the first seven months of this year, the market is down 19.8% at 75,752.

Something worrying is happening also with the plug-in electric car sales, as not only did the number of registrations decrease year-over-year for the fourth consecutive month (and sixth time this year) but also the market share(..)

P.S. There is an elephant hiding in the room in front of everyone: the sudden price increase is to blame! If manufacturers and dealers dramatically increase the prices of new cars, the price of fuel/electricity and the price of technical maintenance, then it is difficult to expect that buyers will reward them with the purchase of a new car...! I looked at the prices of new cars in the Latvian car market in the last couple of weeks: a dramatic price increase in all new car categories. An ordinary, quite popular ICE car, which until very recently had price only 16,400 euros, now costs 22,190 euros. It is likely that car manufacturers will experience a very large drop in demand...

#Norway #ev sales #ev market #hyperinflation

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zimbabwe-currency · 2 years

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5 pcs of $20 Trillion UNC 2008 Zimbabwe Banknotes For Sale For Only $210 at Egan Store!

For numismatic enthusiasts who would love to add some 2008 Zimbabwe banknotes to their collections but balk at the high price hyperinflation Zim notes have traditionally commanded, Egan Store has great news: now you can own $100 trillion 2008 Zim in the form of five uncirculated, mint-condition $20 trillion dollar banknotes for just $210, a per-note cost of just $42, a huge savings when compared with the $50-$70 price tag these notes traditionally sell for.

Egan Store is in the midst of a huge Christmas in July-type sales event. Buyers who visit Egan Store on Etsy are finding savings on most products available in the shop. And it’s not just the obscure items on-sale. In fact, some of Egan’s core product offerings like Iraqi dinar, and uncirculated Zimbabwe $10 trillion dollar banknotes as well as CIR and UNC $20 trillion dollar Zim banknotes, both of which are on-sale now.

Dinar buyers are saving as much as $75 dollars on a single purchase of a half-million Iraqi dinar in the form of twenty 25,000 IQD uncirculated banknotesz

Egan Store is a collectibles shop specializing in banknotes from exotic world currencies to go with various other numismatic rarities and other fine collectibles. The shop is owned and operated by Peter and Mellenia Egan of Louisiana, USA. The store has been open since July of 2020, and has a better than 99% customer satisfaction rate.

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minnesotafollower · 3 months

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Cuban Government Forcing Another Migratory Stampede

Last December the Cuban government announced a “macroeconomic stabilization plan” that increases taxes and the prices for basic products monopolized by the state (fuels, electricity, water, transportation) that presumably will help the State balance its books and reduce inflation.[1] Barbara Cruz, a Cuban commentator, points out at least the following fallacies in this plan: First, it is morally…

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#Cuba #Cuban migration #hyperinflation

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