Pictures Of Money Currency

Pictures Of Money Currency

Pictures Of Money Currency

Posted on: December 09, 2011 - 5:32 am
by Admin

Zimbabwe’s ‘funny money’: old and new currency Pictures.

This pictures of funny Zimbabwe’s ‘funny money’: old and new currency is taken from Flickr.com. Here you can see apicture or photograph of Zimbabwe’s ‘funny money’: old and new currency funny. Zimbabwe’s ‘funny money’: old and new currency images can befound on Flickr.These are ‘Bearer Cheques’, so-called ‘money’ that has an expiry date. They have no watermark or little piece of silver … but this is our ‘funny money’.

The Reserve Bank of Zimbabwe (RBZ) resorted to using these in an effort to cope with Zimbabwe’s hyper-inflation (constantly printing real money is expensive). Notes of an ever increasing denomination have been churned out over the last few years.

Inflation is now at over 1000%, meaning that people have to carry huge bundles of notes to do the most basic shopping.

The latest measure the RBZ has taken is to literally drop three zero’s, and print bearer cheques with a lower denomination. People were given three weeks to swap their money to the new cheques and no one was allowed to carry more than 100million in cash in the course of doing so. Police set up roadblocks and literally seized anything over that amount – no receipts given out.

This image shows some of the old bearer cheques along with the the new.

It accompanies a story on the Sokwanele website entitled "Welcome to a new sunrise in Zimbabwe": or Murambatsvina Part 2". We also have a blog (This is Zimbabwe), which features smaller day to day pieces about life in Zimbabwe.Image by Sokwanele – ZimbabweUnder Tag :funny

The real estate market in China is the masterpiece of surreal modern art with much of fake Dali and Christo combined. It simply cannot be reasoned by supply and demand, price/rent and price/income ratios. It somehow reflects Stalin style architecture and city planning but individually designed by western award winning architects. Ordos is a grand example of such nuisance of spending tons of investment in creating this "useless" art piece. However, other less functional modern art pieces include Beijing airport(s), super train network, Zhengzhou new district, all samll county government buildings in Stalin architecture with Chinese ornate characteristics.

When ghost cities RE price crashing down does not mean imbalance in supply and demand, mortgage foreclosure, massive job loss, it only means one or two small time speculator go bursted. The entire city still remains empty and practically sold out to cash overflow Lingdaos having no where to park their money.

China is in its Dickensian primitive capitalism stage, unlike Wall Street crocodiles, CCP crooks are crude and have no financial skills. All they know is to loot as much as possible and park their grabs before the musical chair stops. It is also a miracle that the musical chair cranks out the music for so long.

Ordinary folks have little share and ownership in empty cities except for large cities, therefore, it is doubtful people will be up in arms for "revolt" when prices drop artificially 60% in a no supply and demand environment. In big cities, people may protest evn RE prices drop 5%. CCP knows well how to deal with trouble makers, after all, they are only the minority while massive folks cannot afford to buy a flat. The Have-nots love to see the poor soul of Haves to loose their homes.

To be fair to CCP, Ordos is really a nice piece of surreal art work of grand scale, which Christo dreamed to create. It is all financed by CCP Lingdaos' loots, CCP manipulated loan sharking, CCP copycat ingenuiety incorporating Stalin style city planning and western architecture, CCP great leap forward cultural legacy, CCP corruption, CCP deviation from Bolshevik ideology, and CCP final act of Harakiri in "performance art" conclusion before curtain falls.