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Glancing-Thought t1_jae8cpo wrote

Reply to comment by marmorset in TIL that in the period of time since the introduction of the consumer price index, the highest inflation rate observed in the U.S. was 20.49% in 1917. by ringopendragon

Different countries also calculate differently which can make international comparisons difficult.

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marmorset t1_jaeik51 wrote

And some countries have orange or pink money, that's not even real.

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Glancing-Thought t1_jaej3dj wrote

Mine does. It's also in different sizes so that blind people can tell what's what.

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marmorset t1_jaess7c wrote

Although some US bills are embossed, the government provides a free electronic device called a bill reader to blind people upon request. It's a foolish system. Bills stay in circulation less than ten years and the twenty is always being redesigned. If the treasury had started embossing the numerals when the issue was first brought up all the money would be fixed, but they're still just holding meetings. The US worries about BS and ignores actual problems. All the touch card or phone apps must be of incredible benefit to blind people.

When I was in China they had paper money for fractions of a yuan. There were coins for amounts under a yuan, but also tiny, little paper bill for cents. I seem to remember that all the regular bills had Mao on them, regardless of denomination, but the tiny bills had allegorical figures.

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