Wednesday, 27 January 2010

Further procrastination

Bear with me.

Pointless fact for the day:

The rouble has been redenominated 7 times since 1922 to lose a few pesky 00’s. Taking all into account, one current rouble is equal to 5*10^15 original roubles.

Whilst we're on the rare subject of Soviet monetary policy, I particularly like the 1947 redenomination. You know how it is, money getting worth toss all,  need to lose a few 00s, but printing new notes is such a pain...well worry not, Ivan figured it out.

They simply confiscated and destroyed 90% of the money in circulation.

There’s an idea for you, Gordon….

1 comments:

Captain Ranty said...

Salty,

Don't be giving the fucker any ideas.

Only 3% of our currency is cash, so at the stroke of a pen he can get his greasy mitts on the 97% in the banks.

CR.