Published September 8th, 2008 in OBW News.
Here’s a quick history of dollar…
The history of the dollar is a story involving many countries in different continents.
The word dollar is much older than the American unit of currency. It is an Anglicised
form of “thaler”, (pronounced taler, with a long “a”), the name given to coins
first minted in 1519 from locally mined silver in Joachimsthal in Bohemia. (Today the
town of Joachimsthal lies within the borders of the Czech republic and its Czech name is
Jáchymov). Thaler is a shortened form of the term by which the coin was originally known
- Joachimsthaler. |
Later on the English version of the name (dollar) was also applied to
similar coins, not only ones minted in central Europe but also the Spanish peso
and the Portuguese eight-real piece. Both these large silver coins were
practically identical in weight and fineness. Today we are familiar with the
phrase pieces of eight from tales of pirates in the Caribbean. |
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borders, caribbean history, central europe, continents, currency, czech name, czech republic, dollar bill, fineness, history of the dollar, OBW News, phrase, silver coins, spanish peso, taler, tales of pirates, www projects
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Would you return my dollar bill please?
dollar bill, Dollar Humor, OBW News
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Published September 8th, 2008 in OBW News.
Would you spend a million dollars on a cellphone? (Please say no)
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How much would you pay for “the Bentley of cellphones”? $1,000? $10,000? Try a cool million bucks. This one-of-a-kind quad-band handset by Goldvish sports a blinding 120 carats worth of VVS-1 grade diamonds, according to designer Emmanuel Gueit, and as you’d expect from a seven-figure phone, features such amenities as Bluetooth, a camera with 8x digital zoom, MP3 playback, FM radio, included 2GB memory card and an EDGE connection (though curiously no 3G option or WiFi — it seems a million bucks isn’t what it used to be). For those of you not willing to drop such an obscene amount of money on a phone that even the designer likens to a boomerang, Goldvish also offers several other diamond-encrusted 18k gold models in your choice of rose, yellow, or white, starting at a much more reasonable $25,600.
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amenities, bentley, boomerang, carats, cellphone, cellphones, cool million, diamonds, emmanuel, fm radio, goldvish, likens, memory card, million bucks, million dollars, mp3 playback, OBW News, phone features, zoom
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Here’s a dollar bill to honor the President Bush.
dollar bill, Dollar Humor, OBW News, president bush
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Here’s a bunch more stuff you can do with a dollar bill.
dollar bill, Dollar Humor, OBW News
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Published September 8th, 2008 in OBW News.
Wow, Zimbabwe dollar value is sorry right now…
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As Americans worry about the rate of inflation exceeding 4 percent, we
should consider Zimbabwe, where the inflation rate broke the shocking
100,000 percent mark and the country released a 10 million-dollar note (now
valued below $4 on the black market). But Zimbabwe’s currency is hardly the
only one inflated beyond reason. —George Quraishi
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currency, dollar value, inflation rate, OBW News, quraishi, rate of inflation, zimbabwe
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Here’s a funny dollar bill with wars as background.
dollar bill, Dollar Humor, dollar pic, OBW News
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Published August 25th, 2008 in OBW News.
200 Dollar Bill works at Fast Food chains!
OBW News
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Published August 25th, 2008 in OBW News.
Here’s some insight into the history of Dollar evaporation.
As mentioned on The Korelin Economics Report, the United States monetary system is based on bills of credit in violation of the US Constitution Article 1 Section 8 Clause 5 and Article 1 Section 10 Clause 1. The US$ monetary system does not so much collapse as evaporate. The housing crisis was just the first snowfall of an epochal blizzard.
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Published August 25th, 2008 in OBW News.
With Oil crisis in place, dollar slide will be inevitable.
This week the Federal Reserve took a step closer to acknowledging reality. Unfortunately it didn’t let that admission move it from a policy course firmly guided by fantasy. In its policy statement, Bernanke & Co. took the important step in noting that inflation expectations had taken hold in the country at large. However, in asserting that it expects inflation to moderate this year and next, the Fed gave no indications that these heightened expectations are gaining traction within the Open market Committee itself. As a result, it signaled no likelihood that it was actually prepared to do something to fight a problem which it doesn’t really believe exists in the first place. |
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