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Inflation and banknotes 

Gumardee coins and banknotes
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▼ More links below ▼
Website: gumardee.com.au/
This is an affiliate link
TO BUY AUSTRALIAN COINS: rover.ebay.com...
Tubebuddy (affiliate) www.tubebuddy....
eBay: www.ebay.com.a...
Twitter: / gumadee2
Facebook: / gumardee
Instagram: / ▼ More links below ▼
Website: gumardee.com.au/
This is an affiliate link
TO BUY AUSTRALIAN COINS: rover.ebay.com...
Tubebuddy (affiliate) www.tubebuddy....
eBay: www.ebay.com.a...
Twitter: / gumadee2
Facebook: / gumardee
Instagram: / glen_k_warren

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29 сен 2024

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Комментарии : 9   
@send2georgie_S2G
@send2georgie_S2G 10 дней назад
Those are some crisp looking banknotes. I have a few and the most prized are the Commonwealth of Australia banknotes. Cheers Glen 😊✌🏻
@Gumardee_coins_and_banknotes
@Gumardee_coins_and_banknotes 8 дней назад
Did you keep any of the older Singapore banknotes from circulation?
@send2georgie_S2G
@send2georgie_S2G 8 дней назад
@@Gumardee_coins_and_banknotes yes I did, but not many.
@cyrusmarikitph
@cyrusmarikitph 10 дней назад
In the Philippines, there are some banknotes by the year of introduction and discontinuation based on inflation (since 1960): 1 piso (last printed: 1972) = 63.29 piso (2022) 2 piso (last printed: 1985) = 18.99 piso (2022) 5 piso (last printed: 1997) = 14.58 piso (2022) 10 piso (last printed: 2001) = 22.95 piso (2022) 200 piso (first printed: 2002) = 435.72 piso (2022) 500 piso (first printed: 1987) = 3812.74 piso (2022) 1000 piso (first printed: 1991) = 5111.02 piso (2022) So obviously, these discontinuations of three banknotes are reasonable on why we have the 20 piso coin today, and in the next decade, we would see the 50 piso coin that would be equal to 20 piso. We also need to see the BSP printing the 2000 piso banknote into circulation because our country has not been printing higher denominations for a long time, but in turn would lose money. *We really need gold standard*
@Gumardee_coins_and_banknotes
@Gumardee_coins_and_banknotes 8 дней назад
Ah nice reference for purchasing power, thank you. As for gold, I think there is too many people, so the issuance of gold coins would never satisfy the demand.
@michaelleeper3649
@michaelleeper3649 10 дней назад
I believe that the 5 Dollar note is the most striking
@Gumardee_coins_and_banknotes
@Gumardee_coins_and_banknotes 8 дней назад
Yes it is the best for the issue.
@RyanCarlisle-h7l
@RyanCarlisle-h7l 10 дней назад
The queen always look better on fellow anglo celtic banknote then our own
@Gumardee_coins_and_banknotes
@Gumardee_coins_and_banknotes 8 дней назад
I think UK banknotes are well designed.
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