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* In Creator/WilliamGibson's ''Literature/MonaLisaOverdrive'' a local phone call in Britain costs about twenty pounds. But pretty much everyone else uses [[JapanTakesOverTheWorld Japan's]] revalued currency, which seems roughly equivalent to modern dollars.
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* ''The Jaunt,'' a Creator/StephenKing short story, inverts this. The eponymous teleportation technology makes petroleum-powered transportation virtually obsolete and makes oil drilling [[ScienceMarchesOn on Mars]] viable, so gasoline is only a few cents a gallon.

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* ''The Jaunt,'' ''[[Literature/SkeletonCrew The Jaunt]],'' a Creator/StephenKing short story, inverts this. The eponymous teleportation technology makes petroleum-powered transportation virtually obsolete and makes oil drilling [[ScienceMarchesOn on Mars]] viable, so gasoline is only a few cents a gallon.

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ALL GOLDEMORT\'S FAULT. Also slight fix to comparison above (it hit after WWI not WWII)


* Oh, Franchise/{{Neopets}}. Their inflation has been compared to Germany's after WWII.

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* Oh, Franchise/{{Neopets}}. Their inflation has been compared to Germany's after WWII.WWI.
** And Website/{{GaiaOnline}} has passed postwar Germany's inflation to be comparable to Zimbabwe's.
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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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* A 1970s radio commercial for the airline Pan Am advertising a European vacation costing $1,000, quite a bit of money then, and an old man reminiscing how he was glad he took the trip back in the '70s because "today" (some time decades in the future), a thousand bucks was about the cost of a dinner for two at a good restaurant. A child comes running in to interrupt his train of thought with, "Hey grandpa! Can I have ten dollars for an ice cream cone?"
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* Averted in ''TheWitcher'', where one character mantions that whenever a party of adventurer tries to slay a dragon, there's always some magician nearby, and said magician ''always'' has connections to the Goldsmiths and Jewelers Guild or some large bank. Indeed, [[SarcasmMode no one has ever heard of an inflation in their world]].

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* Averted in ''TheWitcher'', where one character mantions mentions that whenever a party of adventurer adventurers tries to slay a dragon, there's always some magician nearby, and said magician ''always'' has connections to the Goldsmiths and Jewelers Guild or some large bank. Indeed, [[SarcasmMode no one has ever heard of an inflation in their world]].
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* A huge problem in the South during the 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 AmericanCivilWar, 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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* Inverted in ''[[VideoGame/PuttPutt]] Travels Through Time''. Putt Putt can TimeTravel to the Old West and get a salary of 5 cents for helping out a train, which can buy him one gummy candy. In Medieval Times, the same nickel can buy him a ''full suit of armor'' for one puzzle, in a time when metal would be very expensive. In the 22nd century, Putt Putt expresses concern that he can't afford a small battery, but the shopkeeper Ms. Electra mollifies his concerns by telling him there's no money in the future, so he can take it for free.

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* Inverted in ''[[VideoGame/PuttPutt]] ''VideoGame/PuttPutt Travels Through Time''. Putt Putt can TimeTravel to the Old West and get a salary of 5 cents for helping out a train, which can buy him one gummy candy. In Medieval Times, the same nickel can buy him a ''full suit of armor'' for one puzzle, in a time when metal would be very expensive. In the 22nd century, Putt Putt expresses concern that he can't afford a small battery, but the shopkeeper Ms. Electra mollifies his concerns by telling him there's no money in the future, so he can take it for free.

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* Portrayed the other way round in a ''Tim Traveller'' strip in ''Comicbook/{{The Beano}}''. Tim is concerned that his pocket money doesn't go very far, so travels back to the 19th century and is able to buy a baker's entire day's worth of pies and cakes for £1. The baker is astonished, having never seen such riches before.
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a lot of those things aren\'t proper nouns


In real life, it is a possible, but not very likely scenario, especially in a Fiat currency system. First, in modern economic science inflation isn't even seen as something inherently bad. As long as the average income also multiplies, the inflation would do little harm. Deflationary periods are usually tied with ''recessions'' rather than booms. Deflations only were beneficial in commodity currency systems free of debt, such as the gold standard or Lincoln greenbacks. However, if the creation of money is based on loans, such as the Fractional Reserve System that the Federal Reserve operates under and bank credits that we have now, then this is very likely. Printing money en masse as credits and bailouts with interest can create rapid inflation, and rapid deflation can cause a sharp decrease in the money supply to pay back that debt with interest, causing defaults, unemployment, and stockholders selling off worthless investments. This was theorized to be one of the causes of TheGreatDepression.

Second, governments can sometimes simply revalue their currency when the numbers get too unwieldy, by creating "new" dollars or whatever, worth 1,000 or whatever of the old dollars. Except that governments usually leave that to the central banks. This revaluing is usually only for hyperinflation - they don't do much about "normal" inflation - for example, they aren't going to change things so that that newspaper in the 1980s that cost 40 cents and now costs $1.50 costs 40 cents again - ditto that 20-cent bag of candy that now costs about $2. Although, likely when numbers become ridiculously high for a chocolate bar, then new currencies will arise and gradually shift to their use for sake of convenience, with the older currencies likely kept in record (so that they're still valuable).

The portrayal of runaway cumulative inflation in fiction probably peaked from 1973 through 1982, the annual inflation rate in the U.S. never fell below 6% and often reached double-digit percentages. To this day, there's been no consensus as to what caused this period of "stagflation." The "Nixon Shock" of 1971, when President Richard Nixon took the US Dollar off the remaining vestiges of the Gold Standard allowing the Federal Reserve to have no restrictions in printing and loaning money as debt, was a highly likely cause. For all we knew at the time, this high inflation rate might continue indefinitely. Thus, many fiction writers painted a picture of the future with $15 cups of coffee by the year 2000. (Insert joke about Starbucks' prices here.)

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In real life, it is a possible, possible but not very likely scenario, especially in a Fiat fiat currency system. First, in modern economic science science, inflation isn't even seen as something inherently bad. As long as the average income also multiplies, the inflation would do little harm. Deflationary periods are usually tied with ''recessions'' rather than booms. Deflations were only were beneficial in commodity currency systems free of debt, such as the gold standard or Lincoln greenbacks. However, if the creation of money is based on loans, such as the Fractional Reserve System fractional reserve system that the Federal Reserve operates under and bank credits that we have now, then this is very likely. Printing money en masse as credits and bailouts with interest can create rapid inflation, and rapid deflation can cause a sharp decrease in the money supply to pay back that debt with interest, causing defaults, unemployment, and stockholders selling off worthless investments. This was theorized to be one of the causes of TheGreatDepression.

TheGreatDepression.

Second, governments can sometimes simply revalue their currency when the numbers get too unwieldy, by creating "new" dollars or whatever, worth 1,000 or whatever of the old dollars. Except that governments usually leave that to the central banks. This revaluing is usually only for hyperinflation - they don't do much about "normal" inflation - for inflation. For example, they aren't going to change things so that that newspaper in the 1980s that cost 40 cents and now costs $1.50 costs 40 cents again - ditto that 20-cent bag of candy that now costs about $2. Although, likely Likely, though, when numbers become ridiculously high for a chocolate bar, then new currencies will arise and we'll gradually shift to their use for sake of convenience, with the older currencies likely kept in record (so that they're still valuable).

valuable).

The portrayal of runaway cumulative inflation in fiction probably peaked from 1973 through 1982, the annual inflation rate in the U.S. never fell below 6% and often reached double-digit percentages. To this day, there's been no consensus as to what caused this period of "stagflation." The "Nixon Shock" of 1971, when President Richard Nixon took the US Dollar dollar off the remaining vestiges of the Gold Standard gold standard allowing the Federal Reserve to have no restrictions in printing and loaning money as debt, was a highly likely cause. For all we knew at the time, this high inflation rate might continue indefinitely. Thus, many fiction writers painted a picture of the future with $15 cups of coffee by the year 2000. (Insert joke about Starbucks' prices here.)

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* ''ComicBook/MortadeloYFilemon'': In "Los mercenarios" the main characters obtain 100 000 "percebos" (fictional coin of Percebelandia) They think they can get more than one million pesetas (a fortune in the moment of the album), but thanks to a sudden devaluation only obtain 17.50.[[note]]This, for the non familiarized with the former Spanish coin, is less than 15 dollar cents, not a lot of money, even in 1975 when the album was published.[[/note]]

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* ''ComicBook/MortadeloYFilemon'': ''ComicBook/MortadeloYFilemon'':
**
In "Los mercenarios" the main characters obtain 100 000 "percebos" (fictional coin of Percebelandia) They think they can get more than one million pesetas (a fortune in the moment of the album), but thanks to a sudden devaluation only obtain 17.50.[[note]]This, for the non familiarized with the former Spanish coin, is less than 15 dollar cents, not a lot of money, even in 1975 when the album was published.[[/note]][[/note]]
** Same in ''Los Guardaespaldas''. Mortadelo and Filemón receive as reward for accomplishing their mission 1 000 000 "dólares cochinchinos" (cochinchinese dollars; fictional currency of course), who Filemón thinks are worth 200 million pesetas (a ''real'' fortune when the album was published). Mortadelo turns on the radio to know how is going the currency change... to discover that a massive devaluation turns that million of cochinchinese dollars into just 6.50 pesetas, even less money that in the former case.
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** Just for the reference, that old, hard, gold-based ruble introduced by Count Witte's currency reform in the late XIX century is, after all perturbations and redenominations of the XX century, worth roughly 1000 modern rubles (as of mid-2014), or about 5 late-Soviet [[TheEighties Eighties]] rubles many Russian tropers can still remember; based on the Purchase Power Parity principle — the same "Big Mac Index" method mentioned below.
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* ''WesternAnimation/{{Futurama}}'' averts this - with Fry's $4 billion in his account (saved over 1000 years, of course) is enough to make him independently wealthy, and getting a $300 tax rebate is a big deal.

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* ''WesternAnimation/{{Futurama}}'' averts this - with Fry's $4 billion in his account (saved over 1000 years, of course) is enough to make him independently wealthy, and getting a $300 tax rebate is a big deal. Of course, it's shown in the first episode that society has collapsed and been rebuilt several times since Fry put that money into his account, so it is possible that somewhere along the way, the government corrected for any inflation.
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* In ''Warlords of the 21st Century'' a.k.a ''Battletruck'', the opening scene features an abandoned petrol/gas station with a faded sign reading, "GAS FOR LESS - ONLY $59.99 A LITRE - WHILE IT LASTS". Justified in that the film takes place in a MadMax-style dystopia where [[TerminallyDependentSociety dire oil shortages]] have led to WorldWarIII.

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* In ''Warlords of the 21st Century'' a.k.a ''Battletruck'', the opening scene features an abandoned petrol/gas station with a faded sign reading, "GAS FOR LESS - ONLY $59.99 A LITRE - WHILE IT LASTS". Justified in that the film takes place in a MadMax-style dystopia where [[TerminallyDependentSociety dire oil shortages]] have led to WorldWarIII.the collapse of civil society.
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* In ''Warlords of the 21st Century'' a.k.a ''Battletruck'', the opening scene features an abandoned petrol/gas station with a faded sign reading, "GAS FOR LESS - ONLY $59.99 A LITRE - WHILE IT LASTS". Justified in that the film takes place in a MadMax-style dystopia where [[TerminallyDependentSociety dire oil shortages]] have led to WorldWarIII.
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* In a future arc of {{SSDD}} one character remarks that $2 million won't get you a candy bar, of course it was an economic crisis that messed up their world.

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* In a future arc of {{SSDD}} ''Webcomic/{{SSDD}}'' one character remarks that [[http://www.poisonedminds.com/d/20060727.html $2 million won't get you a candy bar, bar]], of course it was an economic crisis that messed up their world.
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That\'s just normal inflation. If anything, you\'d expect them to cost much more than that in 2301


* In ''[[VideoGame/SimCity SimCity 2000]]'', the cost of a newspaper goes up over time. It starts at a penny in 1900. By the time you play into the 24th century, a newspaper is $5.
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*** Another consequence is that a common unit for the large amounts of money in modern Japan is "man", which is Japanese for 10,000 and, so it's naturally worth 10,000 yen (~$99 in mid-2014). So your rent is twenty man, your wage is about fifty man, and your car has set you back for 1000 man.

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*** Another consequence is that a common unit for the large amounts of money in modern Japan is "man", which is Japanese for 10,000 and, so it's naturally worth 10,000 yen (~$99 in mid-2014). So your rent is twenty man, man ($2,000), your wage is about fifty man, man ($5,000), and your shiny ''expensive'' new car has set you back for 1000 man.man ($100,000).
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Heh. This should be updated every year, at least.


* 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 '''$12,653 today'''. Put more simply, a thousand 2011 dollars is equivalent to '''''eighty 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 '''$12,653 today'''. '''$13,493 in 2013.''' Put more simply, a thousand 2011 2013 dollars is equivalent to '''''eighty '''''seventy-five 1800 dollars'''''.dollars.'''''
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*** Which is itself why economists use things like the "Big Mac Index" and comparisons for how long it takes a worker to save up for certain products on an average day's wages. It's not the number of zeroes in your currency that's really important, it's how much you can actually buy with your hard-earned money at the end of the day.
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*** Another consequence is that a common unit for the large amounts of money in modern Japan is "man", which is Japanese for 10,000 and, so it's naturally worth 10,000 yen (~$99 in mid-2014). So your rent is twenty man, your wage is about fifty man, and your car has set you back for 1000 man.
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* Oh, {{Neopets}}. Their inflation has been compared to Germany's after WWII.

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* Oh, {{Neopets}}.Franchise/{{Neopets}}. Their inflation has been compared to Germany's after WWII.
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** 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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* Based on RealLife, JamesBond, when in France at the beginning of ''On Her Majesty's Secret Service'' likes to think of the money in his pocket in old francs because that makes him feel richer, while counting his expenses in new francs to make them seem smaller.

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* Based on RealLife, JamesBond, Literature/JamesBond, when in France at the beginning of ''On Her Majesty's Secret Service'' ''Literature/OnHerMajestysSecretService'' likes to think of the money in his pocket in old francs because that makes him feel richer, while counting his expenses in new francs to make them seem smaller.
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Just watched that scene and made a number correction


* In ''Film/TheRunningMan'', a cost of a single can of pop from a pop machine is $5. Which you had to pay for in quarters, because [[TechnologyMarchesOn they didn't have automatic dollar-bill reading machines]]. [[FridgeLogic Or dollar coins, apparently.]]

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* In ''Film/TheRunningMan'', a cost of a single can of pop from a pop machine is $5.$6. Which you had to pay for in quarters, because [[TechnologyMarchesOn they didn't have automatic dollar-bill reading machines]]. [[FridgeLogic Or dollar coins, apparently.]]
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There\'s no such presence in the book. The $5000.00 shoes are hottest, newest things that people don\'t even expect to be able to SEE a pair, and they mention taking out loans to be able to afford them. $5000.00 is clearly still a lot of money


* In ''JenniferGovernment'', a pair of Nike Mercurys (the book is absolutely ''not'' WritingAroundTrademarks) cost a few thousand dollars, which is treated to what would be in current money around one hundred or so. The time period of ''Jennifer Government'' is a little unclear. The only date given "'96" which could be any century, and WordOfGod has it that (contrary to what the disclaimer in the book says) it's set in an [[AlternateUniverse alternate present]] that has a royally fucked up economic and political environment.
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Corrected the price of the sword in assassin\'s creed iii


* The ''Franchise/AssassinsCreed'' games tend to transpose centuries worth of inflation into the prices you have to pay in the Animus. For example, the first sword you can get in ''VideoGame/AssassinsCreedIII'' costs £2250 in 1754, which is considerably more money than most people in that time period would see over the course of their entire ''lives'' (£10-15 per year was a fairly good wage for working class people at the time), and still much more than a comparable sword would cost today.

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* The ''Franchise/AssassinsCreed'' games tend to transpose centuries worth of inflation into the prices you have to pay in the Animus. For example, the first sword you can get in ''VideoGame/AssassinsCreedIII'' costs £2250 £700 in 1754, which is considerably more money than most people in that time period would see over the course of their entire ''lives'' (£10-15 per year was a fairly good wage for working class people at the time), and still much more than a comparable sword would cost today.

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!!Examples

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!!Examples
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* ''ComicBook/MortadeloYFilemon'': In "Los mercenarios" the main characters obtain 100 000 "percebos" (fictional coin of Percebelandia) They think they can get more than one million pesetas (a fortune in the moment of the album), but thanks to a sudden devaluation only obtain 17.50.[[note]]This, for the non familiarized with the former Spanish coin, is less than 15 dollar cents, not a lot of money, even in 1975 when the album was published.[[/note]]
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*** Incidentally, this is why you can occasionally find pennies from the 1950s in your pocket change, but dimes and quarters stop abruptly at 1965 (the first year with the cupro-nickel sandwiches).

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*** Incidentally, this is why you can occasionally find pennies from the 1950s in your pocket change, but dimes and quarters stop abruptly at 1965 (the first year with the cupro-nickel sandwiches). It's also why you don't see half dollars in circulation ever; since they still contained some silver until 1971, during TheSixties people were constantly hoarding them, so that by the time they were switched to cupronickel as well, cash registers had removed their slots for the half dollars, and as far as society was concerned, they did not exist.

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