History Main / CompoundInterestTimeTravelGambit

25th Jan '18 5:33:08 PM nombretomado
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* Used by interstellar travelers in Creator/StephenBaxter's ''ManifoldSpace'', who are frozen in time while traveling through the portal network. It works at first, but laws are eventually passed and assets seized, leaving the travelers flat broke when they return.

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* Used by interstellar travelers in Creator/StephenBaxter's ''ManifoldSpace'', ''Literature/ManifoldSpace'', who are frozen in time while traveling through the portal network. It works at first, but laws are eventually passed and assets seized, leaving the travelers flat broke when they return.
22nd Jan '18 7:18:02 PM Vilui
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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.

to:

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 $20 bill is likely to be considered counterfeit anytime any time before 2004 (depending on how much the other party is paying attention, but bank tellers would be the most likely people to spot that kind of thing; oh, and don't forget that most coins have the year they were made on them.). This is less of an issue with precious metals or other commodities. A 20$ 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.
11th Nov '17 7:08:50 PM Xtifr
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* In ''Compounded Interest'', a 1956 short story by Creator/MackReynolds a time traveler places a small sum at 10% in a bank in medieval Venice and renews the contract every 100 years. By 1960s the sum exceeds the price of everything in the world several times over. Then he comes to the organization servicing [[CapitalLettersAreMagic The Contract]] and starts gradually withdrawing money. What for? [[spoiler:[[StableTimeLoop To build a time machine to go to medieval Venice to place the money]]. You see, when The Contract employees concluded the scheme was started by a time traveler, they consulted with several famous physicists, including him, about the possibility of time travel. He told them time travel was impossible, but later figured that it was possible, [[RealityEnsues only R&D would be prohibitively expensive]]. Thus he came with the plan and started withdrawing money [[TimeTravelTenseTrouble before]] he deposited anything.]]

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* In ''Compounded Interest'', "Compounded Interest", a 1956 short story by Creator/MackReynolds a time traveler places a small sum at 10% in a bank in medieval Venice and renews the contract every 100 years. By 1960s the sum exceeds the price of everything in the world several times over. Then he comes to the organization servicing [[CapitalLettersAreMagic The Contract]] and starts gradually withdrawing money. What for? [[spoiler:[[StableTimeLoop To build a time machine to go to medieval Venice to place the money]]. You see, when The Contract employees concluded the scheme was started by a time traveler, they consulted with several famous physicists, including him, about the possibility of time travel. He told them time travel was impossible, but later figured that it was possible, [[RealityEnsues only R&D would be prohibitively expensive]]. Thus he came with the plan and started withdrawing money [[TimeTravelTenseTrouble before]] he deposited anything.]]
24th Oct '17 7:54:06 PM PaulA
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* Another unlucky HumanPopsicle in Creator/LarryNiven's ''A World Out of Time'' found out the hard way that the courts of his time ruled those like him could not own property and thus the assets he set up for himself were long gone. An organization referring to themselves as "The State" transferred the memories of "corpsicles" into mindwiped criminals to do jobs that "citizens" refused to do.

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* Another unlucky HumanPopsicle in Creator/LarryNiven's ''A World Out of Time'' ''Literature/AWorldOutOfTime'' found out the hard way that the courts of his time ruled those like him could not own property and thus the assets he set up for himself were long gone. An organization referring to themselves as "The State" transferred the memories of "corpsicles" into mindwiped criminals to do jobs that "citizens" refused to do.
30th Sep '17 8:26:00 PM nombretomado
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* In ''Literature/GoodnightSweetheart'', this gets tried using the portal that connects contemporary London with war time London, but the company that they invest in split in the 50s and, without any contact from the investors, the bank puts the shares in the half of the company that folded.

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* In ''Literature/GoodnightSweetheart'', ''Series/GoodnightSweetheart'', this gets tried using the portal that connects contemporary London with war time London, but the company that they invest in split in the 50s and, without any contact from the investors, the bank puts the shares in the half of the company that folded.
30th Sep '17 8:24:10 PM nombretomado
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* In ''GoodnightSweetheart'', this gets tried using the portal that connects contemporary London with war time London, but the company that they invest in split in the 50s and, without any contact from the investors, the bank puts the shares in the half of the company that folded.

to:

* In ''GoodnightSweetheart'', ''Literature/GoodnightSweetheart'', this gets tried using the portal that connects contemporary London with war time London, but the company that they invest in split in the 50s and, without any contact from the investors, the bank puts the shares in the half of the company that folded.
11th Sep '17 6:34:35 PM zarpaulus
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* In one ''Webcomic/SaturdayMorningBreakfastCereal'' strip a guy puts all his money in a 10,000 year CD, then freezes himself intending to be the richest man in the world when he's thawed. [[http://smbc-comics.com/comic/longterm-saving Only]] to discover that the world has adopted a moneyless post-scarcity economy.
13th Aug '17 9:53:26 PM Gerusz
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* The first real mission of the D.O.D.O in ''Literature/TheRiseAndFallOfTheDODO'' is to secure funding for themselves via stashing away a pristine copy of the [[https://en.wikipedia.org/wiki/Bay_Psalm_Book 1640 Bay Psalm Book]]. Of course there were complications.
6th Jul '17 3:52:29 PM mhnospa
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*** The TV version of this explanation was illustrated with a cartoon showing a coin turning into a growing stack of coins, then bigger coins, then banknotes, gold bars and finally a plate of egg and chips.
17th Apr '17 5:03:57 PM nombretomado
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* Used by interstellar travelers in StephenBaxter's ''ManifoldSpace'', who are frozen in time while traveling through the portal network. It works at first, but laws are eventually passed and assets seized, leaving the travelers flat broke when they return.

to:

* Used by interstellar travelers in StephenBaxter's Creator/StephenBaxter's ''ManifoldSpace'', who are frozen in time while traveling through the portal network. It works at first, but laws are eventually passed and assets seized, leaving the travelers flat broke when they return.
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