Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, May 18, 2010

Note-worthy Question!

Q: Hello Harv, I am in Pilippines now. My probins Leyte.

I ask why I can never find 200 piso notes here in my country? Why make note but not use? I like green color.

Tnx po, love AskHarv website!

A: Interesting question, dear reader! I have been unable to get accurate information on exactly how many 200 peso notes there are currently in circulation, which means it probably does not exist, but I can answer why the note was created and then subsequently not included in further print-runs.

Once officials released the commemorative note in 2002, it was quickly discovered that it drastically reduced the amount of bribe revenue coming in to police and government officials, as it provided an alternative denomination to the previously well-established and convenient bribe-standard, the p500 note.

This caused many corrupt officials to be unable to feed their families and led to threats of industrial action and work-stoppages.

Interestingly, the government is now considering phasing out the p500 and replacing it with a p720 banknote to boost bribe revenue again.

There is already a design proposed for the new note:


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Saturday, February 6, 2010

Tied in knots

Q: IF I SAW A NICE TIE FOR 97 EURO BUT HAD NO MONEY.

I BORROWED 50 FROM YOU AND 50 FROM BROOKSIE AND BOUGHT THE TIE.

MY CHANGE IS 3 EURO.

SO I GAVE 1 EURO BACK TO YOU AND 1 EURO BACK TO BROOKSIE.

I NOW OWE YOU BOTH 49 EURO BUT ONLY HAVE 1 EURO LEFT FROM THE CHANGE. THATS 99 EURO.

WHERE DID THE 1 EURO GO ?


A: I wasn't sure about whether or not to answer this question, but I can tell by the use of CAPS, it's very important to you.

I'll leave the math to my erudite readers, as the calculations far too rudimentary for my advanced brain. You might as well challenge a rabbit to poop and shag.

My answer: If you're paying 98 Euro for a tie, nice or otherwise, you've got more money-management problems than losing a dollar in the transaction. There are very few ties worth that much money, enclosed picture excepted.

Unless it's a bowtie? Is the bow tie coming back into fashion!? We can only hope...

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A genius in almost every way, Harv is qualified to answer questions on any topic with 100% accuracy. If you want to know how, check out Harv's complete profile!

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