History Main / RidiculousFutureInflation

30th May '16 12:16:21 PM Kid
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* A couple ''ComicStrip/{{Dilbert}}'' comics played with this in the third-word country of Elbonia. One man goes to a grocery store with a chain of bills attached to each other and tells the cashier that the other end of the money chain is being held by his brother in a different town, who will let go when the sale (Of a single potato) is completed.

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* A couple ''ComicStrip/{{Dilbert}}'' comics played with this in the third-word country of Elbonia. One man goes to a grocery store with a chain of bills attached to each other and tells the cashier that the other end of the money chain is being held by his brother in a different town, who will let go when the sale (Of (of a single potato) is completed.
14th May '16 3:27:15 PM TheOneWhoTropes
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** In his {{Timeline-191}} -- stories in the CSA that just lost WorldWarOne -- he shows one character complaining about the ridiculous inflation that just started. A beer is now a dime rather than a nickel. Of course showing the economic spiral, the beer prices do go up and up - things start getting really bad when beer gets to a dollar... then ten, then a hundred... It eventually reaches the point where the Hitler Expy says "Bet you a million dollars" during a speech, then takes a million dollar bill out of his pocket and throws it away.

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** In his {{Timeline-191}} Literature/Timeline191 -- stories in the CSA that just lost WorldWarOne -- he shows one character complaining about the ridiculous inflation that just started. A beer is now a dime rather than a nickel. Of course showing the economic spiral, the beer prices do go up and up - things start getting really bad when beer gets to a dollar... then ten, then a hundred... It eventually reaches the point where the Hitler Expy says "Bet you a million dollars" during a speech, then takes a million dollar bill out of his pocket and throws it away.
13th May '16 2:49:04 AM Arcorann
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* ''VideoGame/{{Fallout 1}}'' had a gas station where the price of regular gasoline was somewhere in the $4500 range. Premium fuel was $8000.99 per gallon. (Then again, this may have been more due to the lack of oil. The shock of the price is still jarring to those who do not know about the oil shortage of the past)

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* ''VideoGame/{{Fallout 1}}'' had a gas station where the price of regular gasoline was somewhere in the $4500 range. Premium fuel was [[AndNinetyNineCents $8000.99 99]] per gallon. (Then again, this may have been more due to the lack of oil. The shock of the price is still jarring to those who do not know about the oil shortage of the past)



** In ''VideoGame/{{Fallout 4}}'', as evidenced by a terminal in Gwinnett Brewery, a pint of beer cost ''$39'' in 2077, the year the [[WorldWarIII Great War]] started. A six-pack cost $200, and a donut is proudly advertised for [[SarcasmMode the low low price]] of $30.



* In ''VideoGame/{{Fallout 4}}'', as evidenced by a terminal in Gwinnett Brewery, a pint of beer cost ''$39'' in 2077, the year the [[WorldWarIII Great War]] started. A six-pack cost $200, and a donut is proudly advertised for [[SarcasmMode the low low price]] of $30.
27th Apr '16 6:31:26 PM mirisu92
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* In a Filipino comic strip, were the protagonists entered in the year 2078, one of them claimed 10 million pesos after selling his necklace that dated during the 1970s. So when he tried to buy shoes, the shoes cost 8 million pesos.

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* In a Filipino comic strip, were Vol. 5 of ''ComicStrip/PugadBaboy'', the protagonists entered in time-travelled from 1992 to the year 2078, one of them claimed 2078. Bab claims 10 million pesos after selling his necklace that dated during the 1970s.necklace, which dates to 1970. So when he tried to buy shoes, the shoes cost 8 million pesos.
17th Apr '16 12:02:59 PM Jhonny
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* Some economists argue that fear of this trope is a very bad thing in the long run. While Deflation is universally accepted to be a very bad thing (people holding on to their money because it buys more tomorrow than it did yesterday means the economy grinds to a halt), there is no clear consensus as to what the upper limit of "good" inflation is. Too low and it becomes the same as deflation, because some goods have a natural deflatory tendency (e.g. consumer electronics that get better for lower prices every year) as well as other reasons. Too high and you have all the problems mentioned above. Germany in particular is said to have a national obsession with inflation for very good historic reasons. Today the Central Bank of the Eurozone sits in Frankfurt and is supposed to uphold an inflation of less than 2% p.a. - That is lower than the inflation of almost every modern society with a fiat currency ever. Whether or not this is a bug or a feature depends on the economic theory you subscribe to.
17th Apr '16 11:53:04 AM Jhonny
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** Interestingly Confederate Dollars ''today'' command quite high collectors prices - sometimes higher than their face value measured in either Dollars 1:1 or gold. Some have even gone on to ''counterfeit'' a currency that was not worth anything at the time it was legal tender of a country ''that does not exist any more''.
6th Feb '16 5:06:26 PM Arcorann
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* In the ''[[InNameOnly I, Robot]]'' movie this is mostly averted. [[ProductPlacement Beers]] are shown to cost US$48 for ''three'' bottles of beer [[TwentyMinutesIntoTheFuture in 2035]] - considering that the cheapest you'd find a bottle of beer in a bar in a major US city in 2012 is $5 and $7-$8 is perfectly reasonable, $16 23 years later sounds very reasonable.

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* In the ''[[InNameOnly I, Robot]]'' movie ''Film/IRobot'' this is mostly averted. [[ProductPlacement Beers]] are shown to cost US$48 for ''three'' bottles of beer [[TwentyMinutesIntoTheFuture in 2035]] - considering that the cheapest you'd find a bottle of beer in a bar in a major US city in 2012 is $5 and $7-$8 is perfectly reasonable, $16 23 years later sounds very reasonable.



* ''Webcomic/QuantumVibe'': Used as an AuthorTract [[http://www.quantumvibe.com/strip?page=228 against fiat currency]]

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* ''Webcomic/QuantumVibe'': Used as an AuthorTract [[http://www.quantumvibe.com/strip?page=228 against fiat currency]]currency]].
2nd Feb '16 4:09:20 AM Arcorann
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* In Venezuela it reached the point where one American dollar was Bs.5,000. They fixed it though; now with the "Strong" Bolivars, the conversion rate is about 6 Bolivars to the dollar -- but only if you go thorough the Officially sanctioned way to get them (the black market dollar has a rate at least 8 times that and increasing daily).
** It's more than ten times that, now. It's gotten so bad that someone made a joke about it: Man walks into a brothel, whispers something to one of the women, and gets slapped. He approaches another, and gets a drink thrown on his face. A third spits on him. The owner, a well-experienced woman who thinks she's SeenItAll so whatever he's saying can't possibly shock her walks up to the man and asks him what he's been telling all her girls. His response: "I want to know if I can pay in Venezuelan Bolivars."

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* In Venezuela it reached the point where one American dollar was Bs.5,000. They fixed tried to fix it though; now with a revaluation, but the "Strong" Bolivars, the conversion rate is about 6 Bolivars to the dollar -- but only if you go thorough the Officially sanctioned way to get them (the black market dollar has a rate at least 8 times that and increasing daily).
** It's more than ten times that, now. It's gotten so bad that someone made a joke about it: Man walks into a brothel, whispers something to one of the women, and gets slapped. He approaches another, and gets a drink thrown on his face. A third spits on him. The owner, a well-experienced woman who thinks she's SeenItAll so whatever he's saying can't possibly shock her walks
ended up to the man and asks him what he's been telling all her girls. His response: "I want to know if I can pay in Venezuelan Bolivars."inflating just as badly.


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** It's gotten so bad that someone made a joke about it: Man walks into a brothel, whispers something to one of the women, and gets slapped. He approaches another, and gets a drink thrown on his face. A third spits on him. The owner, a well-experienced woman who thinks she's SeenItAll so whatever he's saying can't possibly shock her walks up to the man and asks him what he's been telling all her girls. His response: "I want to know if I can pay in Venezuelan Bolivars."
30th Jan '16 5:28:15 AM Arcorann
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* In ''Film/{{Idiocracy}}'', which takes place in the year 2505, everything costs several billion dollars. Of course, the ridiculously bad economy is actually a plot point in the film. Assuming 3% inflation, prices should only be in the millions.
** Well... assuming just 4.3% inflation, prices WOULD be in the billions. That's exponential growth for you.
** It's also entirely possible that hideous inflation is an intentional choice rather than just poor economic mismanagement, so that everybody can be rich and amazed to have "millions of dollars". You really don't put it past the moronic future humans to do that?

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* In ''Film/{{Idiocracy}}'', which takes place in the year 2505, everything costs several billion dollars. Of course, the ridiculously bad economy is actually a plot point in the film. Assuming 3% inflation, prices should only be in the millions.
** Well... assuming just 4.3% inflation, prices WOULD be in the billions. That's exponential growth for you.
** It's also
film - it's entirely possible that hideous inflation is an intentional choice rather than just poor economic mismanagement, so that everybody can be rich and amazed to have "millions "billions of dollars". You really don't put it past the moronic future humans to do that?dollars".



* In the ''[[InNameOnly I, Robot]]'' movie this is used, but not to absurdity - [[ProductPlacement beers]] are shown to cost considerably more than they do now - US$48 for ''three'' bottles of beer [[TwentyMinutesIntoTheFuture in 2035]].
** This might actually fall more into the category of accurate future inflation. With the exclusion of dive bars the cheapest you'd find a bottle of beer in a bar in a major US city in 2012 is $5 and $7-$8 is perfectly reasonable. $16 23 years later sounds very reasonable.

to:

* In the ''[[InNameOnly I, Robot]]'' movie this is used, but not to absurdity - mostly averted. [[ProductPlacement beers]] Beers]] are shown to cost considerably more than they do now - US$48 for ''three'' bottles of beer [[TwentyMinutesIntoTheFuture in 2035]].
** This might actually fall more into the category of accurate future inflation. With the exclusion of dive bars
2035]] - considering that the cheapest you'd find a bottle of beer in a bar in a major US city in 2012 is $5 and $7-$8 is perfectly reasonable. reasonable, $16 23 years later sounds very reasonable.
18th Jan '16 2:53:58 PM karstovich2
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* During and after the American Revolution, paper money issued by the Continental Congress was proverbially worth nothing, mostly because the government had no effective powers and no assets to back it.

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* During and after the American Revolution, paper money issued by the Continental Congress was proverbially worth nothing, mostly because the government had no effective powers and no assets to back it. (This is discussed in ''Podcast/{{Revolutions}}''.)
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