History Main / RidiculousFutureInflation

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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* 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."
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}}''.)
15th Jan '16 10:58:17 AM DDRMASTERM
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* The ''Magazine/DoctorWhoMagazine'' recently featured an article in its 400th issue, where a picture of a mock-up 800th issue cover was seen on one of the pages. The price "300 Euros" could be made out on the side.
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* The ''Magazine/DoctorWhoMagazine'' recently featured an article in its 400th issue, where a picture of a mock-up 800th issue cover was seen on one of the pages. The price "300 Euros" could be made out on the side.

* In very recent past, exchange rate for one U.S. dollar was about 1,500,000 Turkish liras. Six zeros have been removed from the currency since.
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* In very recent past, At one point, exchange rate for one U.S. dollar was about 1,500,000 Turkish liras. Six zeros have been removed from the currency since.

* In 1997 in Russia. Only three zeros got chopped instead of four, so for about a year there were neat, Soviet-like single-digit sums. Then came crisis of 98, and inflation struck again... It got much better recently, but inflation is still about 10% per year, so rumors of a new revaluation tend to hover around.
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* In 1997 in Russia. Only three zeros got chopped instead of four, so for about a year there were neat, Soviet-like single-digit sums. Then came crisis of 98, and inflation struck again... It got much better recently, better, but inflation is still about 10% per year, so rumors of a new revaluation tend to hover around.
13th Jan '16 8:56:43 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 '''$13,708 in 2014.''' Put more simply, a thousand 2014 dollars is equivalent to '''''seventy-four 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 in 1800 costs '''$13,708 '''$14,055 in 2014.2015.''' Put more simply, a thousand 2014 2015 dollars is equivalent to '''''seventy-four '''''seventy-two 1800 dollars.'''''
9th Jan '16 7:08:25 PM Kazmahu
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** Taking the aversion deeping, ISK is actually a standardized currency with exchange rates against each empire's domestic currency, although this is irrelevant to the players. As underscored by the fact one quest item is a giant pile of unmarked non-sequential bills. As the quest handler points out, it's a lot to them, but it's not even peanuts to someone who deals in ISK.
1st Jan '16 10:13:21 PM nombretomado
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* Neal Stephenson's ''SnowCrash'' is set after "megainflation," and characters refer to "one trillion dollars" the same way we would refer to 10. One character's net worth is given as several million dollars, "before megainflation," causing the main character to let out an amazed whistle. In fact, even ''billion-dollar bills'' are now good only for toilet paper, a practice the FBI is seen discouraging because it clogs the plumbing. The result has been the introduction of non-inflated currency such as Kongbucks, which have become the unit of exchange for larger transactions.
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* Neal Stephenson's ''SnowCrash'' ''Literature/SnowCrash'' is set after "megainflation," and characters refer to "one trillion dollars" the same way we would refer to 10. One character's net worth is given as several million dollars, "before megainflation," causing the main character to let out an amazed whistle. In fact, even ''billion-dollar bills'' are now good only for toilet paper, a practice the FBI is seen discouraging because it clogs the plumbing. The result has been the introduction of non-inflated currency such as Kongbucks, which have become the unit of exchange for larger transactions.
27th Dec '15 2:09:43 PM nombretomado
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* The proposed film remake of TheSixMillionDollarMan, starring MarkWahlberg, will be called ''"The Six '''Billion''' Dollar Man"''.
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* The proposed film remake of TheSixMillionDollarMan, ''Series/TheSixMillionDollarMan'', starring MarkWahlberg, Creator/MarkWahlberg, will be called ''"The Six '''Billion''' Dollar Man"''.
20th Dec '15 6:15:54 AM thatmadork
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* 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.
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