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People are math challenged

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February 12th, 2010 at 10:00:06 AM permalink
DJTeddyBear
Member since: Nov 2, 2009
Threads: 92
Posts: 4928
Quote: gDGBD
And anyway, why take away the glorious pleasure of being able to fondle a stack of beautiful orange $500's?
Maybe it's a government thing.

Maybe they're getting tired of hearing "This looks like Monopoly money," every time there's a new design for US money...
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood?
February 12th, 2010 at 11:54:15 AM permalink
pacomartin
Member since: Jan 14, 2010
Threads: 508
Posts: 5165
Quote: gDGBD
And anyway, why take away the glorious pleasure of being able to fondle a stack of beautiful orange $500's?


Speaking of which, the European Monetary Union is printing record amounts of the €500 note. This high value note is now up to 35% of the value in Euro banknotes in circulation. The ECB is now catering to every drug-lord, money launderer, petty tyrant, tax evader, and human trafficker in the world. Roughly €500=$681 and they are circulating almost two notes for every man woman and child in the Euro Zone.

You have to hand it to the British. Their biggest note is still £50=$78 and they are only circulating three of them per capita. They get by fine with coins, and £5, £10, and £20 banknotes. It is very difficult to deal with drug money in Britain. Because the £50 note is so rare, if you are trying to carry around US$1 million in £20 banknotes it weighs 70 lbs + weight of the suitcase.
Wine loved I deeply, dice dearly -Edgar, betrayed son of Gloucester in King Lear
February 12th, 2010 at 12:30:06 PM permalink
Nareed
Member since: Nov 11, 2009
Threads: 186
Posts: 6047
Quote: gDGBD
The dumbing down continues with the release of the 75th Anniversary edition of Monopoly, which has eliminated paper currency in favor of an electronic bank that keeps track of everything.


The only times I was ever able to finish a monopoly game, were when we played it on a computer. When playing on a board, the games went on forever and accounting mistakes killed things early.
A soul is a terrible thing to waste on religion
February 12th, 2010 at 3:40:53 PM permalink
odiousgambit
Member since: Nov 9, 2009
Threads: 165
Posts: 2135
speaking of the Brits with successful coins, the Canadians are reportedly having great success with their dollar coins, while the US struggles to get them accepted.

The reason, I've been told, is that paper Canadian dollars are no longer printed!

Of course that should be the solution in the US.
"Baccarat is a game whereby the croupier gathers in money with a flexible sculling oar, then rakes it home. If I could have borrowed his oar I would have stayed." Mark Twain
February 12th, 2010 at 9:39:28 PM permalink
boymimbo
Member since: Nov 12, 2009
Threads: 11
Posts: 2179
Yep. Us Canadians have great success with $1 and $2 coins, but we can't light a freakin' cauldron.

The $1 coin (The loonie) was introduced in 1987 and replaced the $1 bill. The $2 coin (The Toonie) was introduced in 1996 and replaced our $2 bill. Banks collected all remaining currency, so $1 and $2 bills are collector's items. I completely prefer the coins to the small bills.
----- You want the truth! You can't handle the truth!
February 13th, 2010 at 6:36:02 AM permalink
DJTeddyBear
Member since: Nov 2, 2009
Threads: 92
Posts: 4928
Oh, you can light it all right.

You just couldn't get it up!
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood?
February 13th, 2010 at 10:12:19 AM permalink
samspruce
Member since: Feb 12, 2010
Threads: 2
Posts: 12
Quote: DJTeddyBear
...And that, ladies and gentlemen, is the next generation of gamblers...the kind that will think that double zero roulette is better because it has one more way to win, and that 6:5 is more than 3:2.


Did you know that seven fifths of children nowadays don't understand fractions!
Sam from Toxic Drums (.com)
February 13th, 2010 at 3:06:42 PM permalink
FleaStiff
Member since: Oct 19, 2009
Threads: 61
Posts: 4187
Quote: samspruce
Did you know that seven fifths of children nowadays don't understand fractions!
Children? Heck I bet seven fifths of adults don't understand fractions neither!
February 14th, 2010 at 6:07:04 AM permalink
NandB
Member since: Jan 26, 2010
Threads: 8
Posts: 146
Thats only a partial explanation. Yogi Berra can fill in the the remainder with the quote, "90% of the game is half mental".

So there ya have it, fractions for the people we can never understand.
To err is human. To air is Jordan. To arrr is pirate.
February 14th, 2010 at 7:14:39 AM permalink
DJTeddyBear
Member since: Nov 2, 2009
Threads: 92
Posts: 4928
Quote: samspruce
Did you know that seven fifths of children nowadays don't understand fractions!
That's hilarious.

It reminds me of the time I got a phishing spam email regarding the Fifth Third Bank. My immediate reaction was, "Can't they come up with a better fictitious name?"

It was months later when traveling in Ohio that I saw a branch and realized that it's a real bank!


https://www.53.com/
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood?
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Bovada is the only Internet casino endorsed by the Wizard.
Here are my reasons why and my promise of support.