History Main / RidiculousFutureInflation

7th May '17 8:23:12 AM Kalaong
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* Make your own with ''[[http://www.westegg.com/inflation/ The Inflation Calculator]].'' Simple experiment: what was a thousand dollars worth in 1800? What cost $1,000 in 1800 costs '''$14,055 in 2015.''' Put more simply, a thousand 2015 dollars is equivalent to '''''seventy-two 1800 dollars.'''''

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* Make your own with ''[[http://www.westegg.com/inflation/ The Inflation Calculator]].'' Simple experiment: what was a thousand dollars worth in 1800? What cost $1,000 $1000 in 1800 costs '''$14,055 would cost '''$14,312 in 2015.2016.''' Put more simply, a thousand 2015 dollars is equivalent to '''''seventy-two '''''seventy-one 1800 dollars.'''''
4th May '17 6:13:28 AM WillyFourEyes
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* The ''WesternAnimation/DuckTales'' episode "Duck to the Future" had Scrooge get teleported to a [[BadFuture bad, but shiny-looking future]] where Magica got filthy rich after stealing his Number One Dime, and his nephews grew up to be super-rich {{Corrupt Corporate Executive}}s after going into business with her. In this world, things costs about 100 times what they do in Scrooge's time, though some of it can be attributed to Magica and the [=McDuck=] triplets' price gouging.

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* The ''WesternAnimation/DuckTales'' episode "Duck to the Future" had Scrooge get teleported to a [[BadFuture bad, but shiny-looking future]] where Magica got filthy rich after stealing stole his Number One Dime, Dime and took over his fortune, and his nephews grew up to be super-rich {{Corrupt Corporate Executive}}s after going into business with her. In this world, things costs cost about 100 times what they do in Scrooge's time, though some of it can be attributed to Magica and the [=McDuck=] triplets' price gouging.



* An old joke tells of a man who suffers a coma and wakes up 50 years later. He calls his stockbroker firm, which tells him that due to a split he now has a billion dollars. Before he can celebrate, the payphone asks him to insert $1 million dollars...with the popularity of cellphones since then, however, [[TechnologyMarchesOn this joke doesn't really work anymore]].

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* An old joke tells of a man who suffers a coma and wakes up 50 years later. He calls his stockbroker firm, which tells him that due to a split he now has a billion dollars. Before he can celebrate, the payphone asks him to insert $1 million dollars...million...with the popularity of cellphones since then, however, [[TechnologyMarchesOn this joke doesn't really work anymore]].
4th May '17 6:09:13 AM WillyFourEyes
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See also NoPaperFuture. Compare RidiculousExchangeRates and CompoundInterestTimeTravelGambit. May be the result of YouFailEconomicsForever.

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See also NoPaperFuture. Compare RidiculousExchangeRates and CompoundInterestTimeTravelGambit. May be the result of YouFailEconomicsForever.
ArtisticLicenseEconomics.
3rd May '17 2:58:39 PM WillyFourEyes
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* The ''WesternAnimation/DuckTales'' episode "Duck to the Future" had Scrooge get teleported to a [[BadFuture bad, but shiny-looking future]] where Magica got filthy rich after stealing his Number One Dime, and his nephews grew up to be super-rich {{Corrupt Corporate Executive}}s after going into business with her. In this world, things costs about 100 times what they do in Scrooge's time, though some of it can be attributed to Magica and the [=McDuck=] triplets' price gouging.
7th Apr '17 11:55:23 AM Psyclone
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** Also an inversion: in an episode set in the ''Literature/HuckleberryFinn'' era, Tom and Huck are shocked that a couple days worth of supplies cost 2 cents and there was a 99-cent store which sold such items as grand pianos.

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** Also an inversion: in an episode set in the ''Literature/HuckleberryFinn'' era, Tom and Huck are shocked that a couple days worth of supplies cost 2 cents and there was followed by a shot of a 99-cent store which sold such items as grand pianos.
3rd Apr '17 6:34:54 AM hszmv1
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* While the caveat of the future tropes cannot have any real observations cause it is in the future, what is the present was yesterday's tomorrow. With that in mind, it's always funny to watch movies set in a modern period complain about modern prices which today would be welcomed if not outright ridiculously cheap. For example, in EscapeToWitchMountain, at one point Mr. O'Day is filling his Winniebago with gas and complains about the outrageos price for $10 to completely fill such a vehicle. During the height of the fuel crisis in America, it is pretty high, but it becomes hilarious to people who viewed the movie in 2015 (it's 40th anniversary) where filling a small car (with a minimum 10 gallon tank) is twice as expensive.
25th Mar '17 12:51:29 PM Mineboot45
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* An in-universe example happens in ''VideoGame/GalaxyOnFire2''. At the start of the game PlayerCharacter Keith T. Maxwell [[FishOutOfTemporalWater got kicked about thirty years into the future]] due to a hyperdrive malfunction. At one point an NPC gives him 20,000 credits to outfit his ship with a tractor beam and scanner.

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* An in-universe example happens in ''VideoGame/GalaxyOnFire2''.''Galaxy On Fire 2''. At the start of the game PlayerCharacter Keith T. Maxwell [[FishOutOfTemporalWater got kicked about thirty years into the future]] due to a hyperdrive malfunction. At one point an NPC gives him 20,000 credits to outfit his ship with a tractor beam and scanner.
25th Mar '17 12:50:52 PM Mineboot45
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** To elaborate, the problems with inflation began when the government established a currency exchange control system in 2003 to contain the outward flow of foreign currency (particularly American dollars), and to mask the steady increase in prices, they tried applying the "drop three zeros" strategy to the Venezuelan Bolivar with the creation of the Bolivar Fuerte (Strong Bolivar) in 2007. However, they didn't take any measures to solve the underlying problems with the economy, so the currency exchange control is still there, the government continues acquiring debt after debt with China, with no visible intention of paying them off, and they continue forcing the central bank to print inorganic money. All in all, this resulted in the American Dollar now having a value of over 100 BsF (100.000 of the old Bolivares) in the black market, with the official exchange rate of an America dollar to 6,30 Bolivars being severely limited and hard to acquire for anyone, and an excessive amount of Bolivars in circulation that have next to no value. And that's without mentioning the current annual inflation rate of 63,4% or the fact that due to the government's treaties with other countries and bad handling of the economy, there's a widespread scarcity of food, medicine, personal care products, industrial raw materials and even toilet paper.

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** To elaborate, the problems with inflation began when the government established a currency exchange control system in 2003 to contain the outward flow of foreign currency (particularly American dollars), and to mask the steady increase in prices, they tried applying the "drop three zeros" strategy to the Venezuelan Bolivar with the creation of the Bolivar Fuerte (Strong Bolivar) in 2007. However, they didn't take any measures to solve the underlying problems with the economy, so the currency exchange control is still there, the government continues acquiring debt after debt with China, with no visible intention of paying them off, and they continue forcing the central bank to print inorganic money. All in all, this resulted in the American Dollar now having a value of over 100 BsF [=BsF=] (100.000 of the old Bolivares) in the black market, with the official exchange rate of an America dollar to 6,30 Bolivars being severely limited and hard to acquire for anyone, and an excessive amount of Bolivars in circulation that have next to no value. And that's without mentioning the current annual inflation rate of 63,4% or the fact that due to the government's treaties with other countries and bad handling of the economy, there's a widespread scarcity of food, medicine, personal care products, industrial raw materials and even toilet paper.
18th Mar '17 7:24:08 PM nombretomado
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* Oh, ''Franchise/{{Neopets}}''. Their inflation has been compared to Germany's after WWI.

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* Oh, ''Franchise/{{Neopets}}''.''Website/{{Neopets}}''. Their inflation has been compared to Germany's after WWI.
6th Feb '17 2:40:03 PM DastardlyDemolition
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* And ''Website/GaiaOnline'' has passed postwar Germany's inflation to be comparable to Zimbabwe's.

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* And ''Website/GaiaOnline'' has passed postwar Germany's inflation to be comparable to Zimbabwe's. The problem, as shown on the "BribingYourWayToVictory" page, is the use of "Gaia Cash" and it's exchange rate to gold with one unit of Gaia cash being (at least at one time) the equivalent of ''50 million'' gold. By the way the marketplace works, if someone bought an item with Gaia cash, they would only recive the amount in gold which only serves to flood even more gold into the forum economy. When ''Gaia'' released Flynn's Booty, Flynn's Chest, and other Gaia Cash items that give you millions and/or billions of gold instantly, the economy sank [[FromBadToWorse even further]]. Now cheap items that nobody really wants can sell for thousands of gold because the economy has been so badly screwed up. At one point the "pay-to-win" idea and broken economy were bad enough to [[http://books.google.com/books?id=nYyJAwAAQBAJ&pg=PA219 be mentioned as an example in a textbook]]. For example, on page 219 the author states that the publishers responded to new players complaints that they couldn't afford anything by [[WhatAnIdiot giving them more gold]], flooding the market and raising prices to the point that the new players couldn't afford anything.
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