History Main / RidiculousFutureInflation

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.
16th Jan '17 3:57:21 AM Arcorann
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* Happened in the modern times in Zimbabwe where the exchange rate at late June, 2008 was 20 billion $Z to 1 $US. In 2007 the inflation rate was going up so fast that golfers would prepay for their drinks before starting their round because the price would have gone up significantly by the time they finished the 18th hole, and that waiting a day to buy bread meant you could no longer afford to do so. The economy is right now pretty much running on foreign currency: the Zimbabwean dollar is so worthless that it's actually more cost effective to sell the currency for use as recycled paper (and get paid in real money) than it is to use it for its face value. Or to sell it as a novelty to currency collectors, and again get paid in real money. A Zimbabwean newspaper printed its ads on Zimbabwean money... [[HumiliationConga Zimbabwean government banned]] ''its own'' currency in April 2009. In June 2015, Zimbabwe officially abandoned its currency, choosing instead to use the US Dollar. Before then the inflation was exponential... on a [[http://en.wikipedia.org/wiki/File:ZWDvUSDchart.png logarithmic graph]]

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* Happened in the modern times in Zimbabwe where the exchange rate at late June, 2008 was 20 billion $Z to 1 $US. This was after the currency had already been revalued twice, cutting off 13 zeroes. In 2007 the inflation rate was going up so fast that golfers would prepay for their drinks before starting their round because the price would have gone up significantly by the time they finished the 18th hole, and that waiting a day to buy bread meant you could no longer afford to do so. The economy is right now pretty much running on foreign currency: In fact, it reached the Zimbabwean dollar is so worthless that it's actually more cost effective point where [=ATMs=] were unable to sell dispense money due to the currency for use as recycled paper (and get paid in real money) than it is to use it for its face value. Or to sell it as a novelty to currency collectors, and again get paid in real money. A Zimbabwean newspaper printed its ads on Zimbabwean money... large numbers involved. By the time [[HumiliationConga Zimbabwean government banned]] ''its own'' currency in April 2009. In June 2015, Zimbabwe officially abandoned its currency, choosing instead to use the US Dollar. Before then 2009, a $100 trillion note had been printed, and a third revaluation was in progress that would have cut off twelve more zeroes. The full effects of the inflation was exponential... can be seen on a [[http://en.[[https://en.wikipedia.org/wiki/File:ZWDvUSDchart.png org/wiki/File:ZWDvsUSDchart.svg this logarithmic graph]]graph]]. In June 2015, Zimbabwe officially abandoned its currency, choosing instead to use the US Dollar, and offered to exchange remaining bank balances at a rate of US$1 to 35 quadrillion Zimbabwe (third) dollars. The highest denomination notes still have value as novelties.
15th Jan '17 6:50:26 PM MiddleEighth
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[[folder: Fan Works]]
*In ''Fanfic/TheKeysStandAlone: The Soft World'', the four return to C'hou after about six years have passed there, to find that not only has their existing C'hovite money been vastly reduced in value, but that things have gotten a lot more expensive. For example, in the old days one-size-fits-all [[HealingPotion healing potions]] cost ten dime-sized gold coins; now the weakest potions start at thirty one-ounce gold Swords, and the strongest an outrageous 5,000 Swords. Later, John is suspicious when they're offered 50 Swords to deliver some scrolls to a person; it seems like a lot, until George points out a table and chair set being sold for 4,500. And 50 Swords will just barely get them two rooms at a cheap inn.
[[/folder]]
8th Jan '17 12:09:46 AM VutherA
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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...

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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...with the popularity of cellphones since then, however, [[TechnologyMarchesOn this joke doesn't really work anymore]].
15th Dec '16 5:55:15 PM Rhodes7
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* ''Literature/{{Victoria}}'': has the US undergo a hyperinflation crisis, to the point where people are described as using hundred dollar bills as toilet paper because it's cheaper, a million dollars aren't worth a Mexican ''peso'' and $50 million can just about purchase a hamburger.
13th Nov '16 10:53:33 AM Kalaong
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*** One of the interesting aspects of the yen is that you won't find it among [[http://www.profitconfidential.com/u-s-dollar/the-10-most-expensive-currency/ the top ten valued currencies]]. However, if you treat the yen like any other subdivision (say, the US cent), it's equal to the ''[[UsefulNotes/{{Switzerland}} Swiss franc]].'' It's sort of mindscrew to think about buying a can of soda in "100 cents".

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*** One of the interesting aspects of the yen is that you won't find it among [[http://www.profitconfidential.com/u-s-dollar/the-10-most-expensive-currency/ the top ten valued currencies]]. However, if you treat the yen like any other subdivision (say, the US cent), it's equal to the ''[[UsefulNotes/{{Switzerland}} Swiss franc]].'' franc]]'' -- '''sixth.''' It's sort of mindscrew to think about buying a can of soda in "100 cents".
10th Nov '16 5:29:31 PM WillKeaton
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* In an episode of ''WesternAnimation/SamuraiJack'', a bounty hunter says that Aku has a bounty on Jack's head worth two googolplex. Yes, the hunter is convinced that this is "a ''looooot'' of money" and the person offering the bounty controls the entire world, but [[http://en.wikipedia.org/wiki/Googolplex that's]] just ''ridiculous''.[[note]]One Googol has a hundred zeroes, One Googolplex has a Googol zeroes[[/note]].

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* In an episode of ''WesternAnimation/SamuraiJack'', a bounty hunter says that Aku has a bounty on Jack's head worth two googolplex. Yes, the hunter is convinced that this is "a ''looooot'' of money" and the person offering the bounty controls the entire world, but [[http://en.wikipedia.org/wiki/Googolplex that's]] just ''ridiculous''.[[note]]One Googol has a hundred zeroes, One Googolplex has a Googol zeroes[[/note]].zeroes.[[/note]]



*** Though since the dollar was, even then, a fiat currency, $20 in 1920 is estimated as being the equivalent of anywhere from [[http://www.measuringworth.com/uscompare/result.php?year_source=1920&amount=20&year_result=2014 $180-3,890 modern currency]].

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*** Though since the dollar was, even then, a fiat currency, $20 in 1920 is estimated as being the equivalent of anywhere from [[http://www.measuringworth.com/uscompare/result.php?year_source=1920&amount=20&year_result=2014 $180-3,890 modern currency]].currency.]]
10th Nov '16 5:28:17 PM WillKeaton
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* {{VideoGame/Overwatch}} takes place in the 2070s. On the Hollywood map, buckets of popcorn are priced at over a hundred American dollars. Then again, it might be a joke about how movie theatres tend to overcharge on snacks.

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* {{VideoGame/Overwatch}} ''{{VideoGame/Overwatch}}'' takes place in the 2070s. On the Hollywood map, buckets of popcorn are priced at over a hundred American dollars. Then again, it might be a joke about how movie theatres tend to overcharge on snacks.



* In ''Webcomic/{{Sinfest}}'', [[http://www.sinfest.net/view.php?date=2009-02-21 inflation is specifically linked to the Weimar Republic]].
* ''Webcomic/QuantumVibe'': Used as an AuthorTract [[http://www.quantumvibe.com/strip?page=228 against fiat currency]].

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* In ''Webcomic/{{Sinfest}}'', [[http://www.sinfest.net/view.php?date=2009-02-21 inflation is specifically linked to the Weimar Republic]].
Republic.]]
* ''Webcomic/QuantumVibe'': Used as an AuthorTract [[http://www.quantumvibe.com/strip?page=228 against fiat currency]].currency.]]
10th Nov '16 5:27:08 PM WillKeaton
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** According to [[http://bttf.wikia.com/wiki/Blast_from_the_Past the wiki]], Marty sold his '80s pocket money as antique currency to pay for Gray's Sports Almanac.

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** According to [[http://bttf.wikia.com/wiki/Blast_from_the_Past the wiki]], wiki,]] Marty sold his '80s pocket money as antique currency to pay for Gray's Sports Almanac.
25th Oct '16 9:41:22 AM drwhom
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* A huge problem in the South during the UsefulNotes/AmericanCivilWar, due to the Confederate government simply printing more money to pay for the war. As one politician put it: "You bring your money to market in a basket, and bring home what you buy in your pocketbook." An additional problem was that the CSA's currency was redemption-based, with the theory that a few years after the war, one could turn it in for 'hard' currency. Thus, when the South was defeated, the money became 'As worthless as a Confederate bill'.

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* A huge problem in the South during the UsefulNotes/AmericanCivilWar, due to the Confederate government simply printing more money to pay for the war. As one politician put it: "You bring your money to market in a basket, and bring home what you buy in your pocketbook." An additional problem was that the CSA's currency was redemption-based, with the theory that a few years six months after ratification of a peace treaty between the war, Confederacy and the Union, one could turn it in for 'hard' currency. Thus, when the South was defeated, and it was established that the peace treaty would never happen, the money became 'As worthless as a Confederate bill'.
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