History Main / CompoundInterestTimeTravelGambit

9th Nov '16 10:42:45 AM nombretomado
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* inverted in ''TheFlintstones'': Fred borrows 4 dollars on his paycheck so he can have a long weekend with Wilma and the Rubbles, thanks to the Great Gazoo, they get sent to a [[TheJetsons very Jetson-like future]], while he's in the future, he visits his employer, and discovers that he owes his company 23 million dollars.

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* inverted in ''TheFlintstones'': ''WesternAnimation/TheFlintstones'': Fred borrows 4 dollars on his paycheck so he can have a long weekend with Wilma and the Rubbles, thanks to the Great Gazoo, they get sent to a [[TheJetsons [[WesternAnimation/TheJetsons very Jetson-like future]], while he's in the future, he visits his employer, and discovers that he owes his company 23 million dollars.
3rd Nov '16 1:28:11 PM ironballs16
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** Which was also part of his lesser plan to prove to his father that he was a "self-made man". His father called BS on this.

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** Which was also part of his lesser plan to prove to his father that he was a "self-made man". His father [[LoopholeAbuse called BS on this.this]].
12th Aug '16 7:47:42 PM nombretomado
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* The Time Travel based RTS game ''{{Achron}}'' has a variant of this known as 'Retconomy'. One of the playable species creates harvesters by morphing one of their basic units. These basic units can be built and paid for in the future and then sent into the past where they become harvesters and begin gathering resources. The end result is that the player will have gathered more resources in a shorter amount of... er... time than a player that had not used time travel.

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* The Time Travel based RTS game ''{{Achron}}'' ''VideoGame/{{Achron}}'' has a variant of this known as 'Retconomy'. One of the playable species creates harvesters by morphing one of their basic units. These basic units can be built and paid for in the future and then sent into the past where they become harvesters and begin gathering resources. The end result is that the player will have gathered more resources in a shorter amount of... er... time than a player that had not used time travel.
7th Aug '16 4:56:26 PM Fireblood
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* In 1562, the German town of Mittenwalde loaned the town of Berlin 400 guilders at 6% interest, compounded annually. They would like to be repaid. With interest, Berlin owes Mittenwalde approximately 97.7 trillion guilders. Oh, and one guilder is equivalent to 280,000 euros (in 2012). [[IfMyCalculationsAreCorrect So Berlin's total debt comes to]] over 27 ''quintillion'' euros. [[CaptainObvious Which is more than they have]]; indeed, it's more money than all the money in the world (The world economy is measured on the order of tens of trillions. A trillion is millionth of a quintillion).

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* In 1562, the German town of Mittenwalde loaned the town of Berlin 400 guilders at 6% interest, compounded annually. They would like to be repaid. With interest, Berlin owes Mittenwalde approximately 97.7 trillion guilders. Oh, and one guilder is equivalent to 280,000 euros (in 2012). [[IfMyCalculationsAreCorrect So Berlin's total debt comes to]] over 27 ''quintillion'' euros. [[CaptainObvious Which is more than they have]]; indeed, it's more money than all the money in the world (The (the world economy is measured on the order of tens of trillions. A trillion is millionth of a quintillion).
10th Jun '16 6:38:28 PM HighCrate
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* In the ''Literature/EndersGame'' [[TheVerse universe]], Andrew "Ender" Wiggin gains quite a bit of money by moving from star system to star system at relativistic speeds. After some careful managing and over a thousand years of travel his account is sufficient to buy a planet. It should be noted that the only reason it works for Ender (and his sister Valentine) is that he has a sentient AI operating in real time keeping track of his investments. His money isn't just sitting in an account gathering interest, it's actively and intelligently being invested even while he's in relativistic travel.

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* In the ''Literature/EndersGame'' [[TheVerse universe]], Andrew "Ender" Wiggin gains quite a bit of money by moving from star system to star system at relativistic speeds. After some careful managing and over a thousand years of travel his account is sufficient to buy a planet. It should be noted that the only reason it works for Ender (and his sister Valentine) is that he has a sentient AI operating in real time keeping track of his investments. His money isn't just sitting in an account gathering interest, it's actively and intelligently being invested even while he's in relativistic travel. Probably doesn't hurt that he started with an ungodly amount of seed money, being the acknowledged savior of the human race and having been paid accordingly by a grateful world populace.
30th May '16 5:00:30 PM Specialist290
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And of course, if any of these tactics are indeed possible, you probably won't be the only one to notice this. Hordes of time-travelers attempting to manipulate currency is sure to result in the eventual destruction of the economy. Time-travel responsibly, folks.

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And of course, if any of these tactics are indeed possible, you probably won't be the only one to notice this. Hordes of time-travelers attempting to manipulate currency is sure to result in the eventual destruction of the economy.economy ([[ClockRoaches or the time stream]]). Time-travel responsibly, folks.
23rd May '16 4:44:59 PM Furslid
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Another variable that is rarely mentioned in fiction is the need for authentic-period currency. A dollar bill will obviously get you nowhere in Feudal Japan, but the more detailed design on a series 2004 $20 bill is likely to be considered counterfeit anytime before 2004 (depending on how much the other party is paying attention, but bank tellers would be the most likely people to spot that kind of thing; oh, and don't forget that most coins have the year they were made on them.). You do not, however, have to go that far back in time. Just grab what's in your pocket, remove everything printed in the last year, travel to one year ago, and invest that. You wouldn't get your money in your present, but you may get it in the way cooler than your present future.

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Another variable that is rarely mentioned in fiction is the need for authentic-period currency. A dollar bill will obviously get you nowhere in Feudal Japan, but the more detailed design on a series 2004 $20 bill is likely to be considered counterfeit anytime before 2004 (depending on how much the other party is paying attention, but bank tellers would be the most likely people to spot that kind of thing; oh, and don't forget that most coins have the year they were made on them.). This is less of an issue with precious metals or other commodities. A 20$ gold piece may look funny in feudal Japan, but is still gold. Aluminum may be especially good for trying this. You do not, however, have to go that far back in time. Just grab what's in your pocket, remove everything printed in the last year, travel to one year ago, and invest that. You wouldn't get your money in your present, but you may get it in the way cooler than your present future.
17th Apr '16 2:55:16 PM MitchellTF
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** Which was also part of his lesser plan to prove to his father that he was a "self-made man".

to:

** Which was also part of his lesser plan to prove to his father that he was a "self-made man". His father called BS on this.
15th Apr '16 3:49:23 PM Morgenthaler
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* Subverted in ''TheForeverWar'', and hard. The soldiers get quadruple pay for being away in space in a combat zone for the equivalent of twenty years. But by the time the soldiers get back to Earth from their first tour of duty, their money is worthless due to hyperinflation and chronic shortages caused by the war and a world-wide famine. And the size of their compounded pay puts them in a 92% tax bracket. [[spoiler: At the end of the novel, most other humans are clones who do not use money, so all of their combat pay is worthless. At one point, William, the narrator, buys a hugely expensive bottle of ancient French brandy to share with his officers, reasoning that investing the money was the alternative. [[note]]Elsewhere, there are still colonies where people are normal, and presumably still use money.[[/note]]]]

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* Subverted in ''TheForeverWar'', ''Literature/TheForeverWar'', and hard. The soldiers get quadruple pay for being away in space in a combat zone for the equivalent of twenty years. But by the time the soldiers get back to Earth from their first tour of duty, their money is worthless due to hyperinflation and chronic shortages caused by the war and a world-wide famine. And the size of their compounded pay puts them in a 92% tax bracket. [[spoiler: At the end of the novel, most other humans are clones who do not use money, so all of their combat pay is worthless. At one point, William, the narrator, buys a hugely expensive bottle of ancient French brandy to share with his officers, reasoning that investing the money was the alternative. [[note]]Elsewhere, there are still colonies where people are normal, and presumably still use money.[[/note]]]]
11th Apr '16 9:24:36 AM ObsidianFire
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And of course, if any of these tactics are indeed possible, [[GenreSavvy you probably won't be the only one to notice this]]. Hordes of time-travelers attempting to manipulate currency is sure to result in the eventual destruction of the economy. Time-travel responsibly, folks.

to:

And of course, if any of these tactics are indeed possible, [[GenreSavvy you probably won't be the only one to notice this]].this. Hordes of time-travelers attempting to manipulate currency is sure to result in the eventual destruction of the economy. Time-travel responsibly, folks.
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