Monday, November 3, 2008

The Love of Money..root of all evil



A consultant just came back from holiday in an African country, and he brought along a ONE HUNDRED BILLION DOLLARS note. Yupp, it is a legal tender in a country where the inflation rate is in thousands. Malaysia current inflation rate is in the region of 4%-6% (depending on which newspaper/source one is reading). How am I going to explain to my Economic students the existence of skyrocketed inflation rate.

The above note however has an expiry date. "m not sure what is the amount in terms of dollars tho'.
I'm starting to fantasize of having this amount of money (in US dollars or Euro tho')....imagine....to have so much money....OMG! My imagination runs wild now.

6 comments:

fabmom said...

1 hundred billion !!! adadah! kalaulah itu Euro kan...camana tu ah...memang imagination nda cukup..

Linda said...

Gosh, hard to imagine inflation like that.

uji said...

waaah.. 100 billion??? No need money in Euro or USD, RM pun boleh lah with 100 billion.... Imagine what sort of things (even people) can be bought with that amount of money!!

Shabbymom said...

adadahhhh......aku pun sudah imagine sudah ni....SHOPPING, MAKAN ANGIN.....

U.Lee said...

Hi Whimsical, ha ha, 1 Billion dollars! More than we can spend in our lifetime....11 zeros!
I just bought a lottery ticket here with the Jackpot at $39 Million!

Lat week, a woman just got laid off her job and wondering how to support her family won $21 million.
Her worries now all over, ha ha.

If mine comes out.....see you in Sarawak, ha ha.
You have a nice day, and its nice to have dreams, Lee.

Val Aziz said...

how much is dat converted to RM ah?? My mind is jammed just thinking about 100 Billion. jadi orang disana suma ada title OKK la tu kan..