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Invisible wrote:
> Are you seriously suggesting the use of Flainian Pobble Beads?
Google: Perfect for making yourself appear more knowledgable than you
actually are.(tm)
--
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*
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Invisible wrote:
> Mike the Elder wrote:
>
>> I agree heartily. I've long felt that the people responsible for our
>> currency
>> systems are a few ningis short of triganic pu.
>
> Are you seriously suggesting the use of Flainian Pobble Beads?
No good; only exchangeable for other Flainian Pobble Beads.
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>> Are you seriously suggesting the use of Flainian Pobble Beads?
>
> No good; only exchangeable for other Flainian Pobble Beads.
That's not *such* a big problem, is it?
Also... http://www.ningi.com/
--
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*
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Invisible wrote:
>>> Are you seriously suggesting the use of Flainian Pobble Beads?
>>
>> No good; only exchangeable for other Flainian Pobble Beads.
>
> That's not *such* a big problem, is it?
>
> Also... http://www.ningi.com/
Ah, you had my hopes up then. I was expecting Hubble Telescope images. :)
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Bill Pragnell wrote:
>> Also... http://www.ningi.com/
>
> Ah, you had my hopes up then. I was expecting Hubble Telescope images. :)
LOL! No, just demonstrating that companies pick really stupid names for
themselves. (E.g., apparently there's one called "Smeg". Nice...)
--
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*
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Invisible wrote:
> scott wrote:
>
>> When I bought some pounds the other week with my euros, they were
>> charging me something ridiculous like 1.2572448282 Euros for a pound.
>> I guess if I was converting billions it would make a difference.
>
> Yeah, they do that, don't they?
>
> I often wondered... If you were to convert GBP to DNF to USD to CHF to
> EUR back to GBP... or something similar... could you end up with
> (significantly) more than you started with? I mean, is there some
> obscure sequence of currency exchanges where you end up with more than
> you stared with?
>
Probably, but it wouldn't be a set sequence all the time.
Look at it as a Traveling Salesman problem, costs to move to each point,
with the costs constantly changing. I once took a snapshot of the
currency exchange rates and spotted an easy route, but it changed not 10
seconds later (and it would have netted about 2 cents for every 1000 USD
before fees). Throw enough computers at it, with enough money in each
currency to make the moving easier, and who knows.
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scott wrote:
> Did you know, that if you had a ton of old 2 pence pieces (worth 2800
> pounds), you could melt them down and sell the ton of copper for the
> going price of 4300 pounds.
Which is why the old pence pieces will be dropping rapidly out of
circulation, if they haven't started to already.
The old US penny weighs in, I'm told, at 1/159 of a pound, which means
that when copper sells for more than 1.59 USD, it's time to melt the old
ones down for sale.
Recent US pennies are made from copper-coated zinc, which is not nearly
as worthwhile.
The collector value of the old wheat penny (which was no longer minted
after 1958/1959) is greater than the copper content, so melting them
down does not make any economic sense.
> Surely something has gone wrong when the things we use to represent the
> actual money are worth more than the money itself?
Back in the early '80's I saw an East German Mark coin. It was made of
aluminum, and thus was just like those cheap toy coins that are often
given away as promotional items. At the time the East German Mark was
worth about one-tenth of the West German Mark, and thus worth about four
cents in US money.
Regards,
John
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scott wrote:
> Did you know, that if you had a ton of old 2 pence pieces (worth 2800
> pounds), you could melt them down and sell the ton of copper for the
> going price of 4300 pounds.
>
> Surely something has gone wrong when the things we use to represent the
> actual money are worth more than the money itself?
Here's a thought: How much money does it take to make a sheet of special
paper, emboss a watermark onto it, weave a thin strip of foil through
it, print it with 15 unique inks at a trillion DPI on both sides, print
it again with UV ink, print a hologram onto it, and label it in six
places with a globally-unique code number?
Cos that is apparently how they make bank notes! ;-)
--
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*
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Orchid XP v8 wrote:
> I'd wager it costs a *tad* more than £5 to make a £5 note...
It doesn't, once you do it in mass amounts.
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You'd think it would cost more than a fiver to make a CD-ROM drive too, but
apparently not.
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