Is this commemorative $50 worth more than $50 ?

[Dongyi]

 

[Dongyi]

When I tried to bank in using ATM, the machine would not accept.

 

[laksaboy]

What's there to commemorate? A mini petro-dollar in the SE Asian playground?

Wow, you can use your precious Sinkie dollars to makan and shop in shithole Brunei! Whoop dee doo!

 

[k1976]

View attachment 239119

It is a legal tender , the face value is $50
But intrinsic value is just a piece of plastic with fine quality printing

 

[Dongyi]

Selling US$155 on eBay.

这次发了！

 

[Sustanon]

it's another way to reduce the amount of money in the money supply besides T-Bills and Bonds.... simi commemorate... What's there to commemorate? As usual, you will see idiots queueing up to buy and collect which is no doubt the most stupidest hobby that erodes value... laugh die me...

 

[k1976]

What's there to commemorate? A mini petro-dollar in the SE Asian playground?

Wow, you can use your precious Sinkie dollars to makan and shop in shithole Brunei! Whoop dee doo!

Commemorate the Miracle of the Huat Lah Liao Small Island in 20th Century mah….RBI’s definitely a legend that it can thrive and prosperous into early 21st century

 

[k1976]

Selling US$155 on eBay.

这次

What r u waiting for for?
300% return

 

[Dongyi]

What r u waiting for for?
300% return

The guy is selling, not buying leh.

 

[Dongyi]

KNN, I cannot use it elsewhere. The hawker stall owners will not accept because they have not seen it before.

 

[laksaboy]

Commemorative notes are like Pokemon cards, the value really depends on what quality they are in. Preferably mint or near mint.

There might be interested buyers at the area between Chinatown Complex market and Buddhist Tooth Relic Temple (next to the kopitiam at the side), or the alley next to Bugis Street. I see sellers of old coins and other vintage collectibles.

 

[Truthspeak]

When I tried to bank in using ATM, the machine would not accept.

It is the bank that decides what money really is, not us anymore.

 

[404]

Paper(or plastic) money serves as fiat currency, where the face value of the note represents an asset guaranteed by the issuing authority.

 

[Sustanon]

It is the bank that decides what money really is, not us anymore.

how many knows the majority of money in the economy is created by the banks through deposit..... yes the moment one walks into the bank and takes a loan, new money is being created into the economy which is dilutive to the money that you and I have in our savings. If those newly created money get defaulted, it creates a wave of recursive credit destruction which is even more dilutive to your savings.

 

[Truthspeak]

how many knows the majority of money in the economy is created by the banks through deposit..... yes the moment one walks into the bank and takes a loan, new money is being created into the economy which is dilutive to the money that you and I have in our savings. If those newly created money get defaulted, it creates a wave of recursive credit destruction which is even more dilutive to your savings.

Creating money out from the thin air and all these fraudulent systems were invented by the race who think they were the chosen people

 

[Sustanon]

Creating money out from the thin air and all these fraudulent systems were invented by the race who think they were the chosen people

The Bank Of International Settlement (BIS). Tower of Basel. All the PCBs are there and they own it.

 

[Dongyi]

how many knows the majority of money in the economy is created by the banks through deposit..... yes the moment one walks into the bank and takes a loan, new money is being created into the economy which is dilutive to the money that you and I have in our savings. If those newly created money get defaulted, it creates a wave of recursive credit destruction which is even more dilutive to your savings.

Can elaborate? Got URLs to read up?

 

[Sustanon]

Can elaborate? Got URLs to read up?

Unproductive Credit Creation, Fractional Reserve Banking.... this should get your feet wet...

 

[k1976]

Unproductive Credit Creation, Fractional Reserve Banking.... this should get your feet wet...

果然是行家

 

[k1976]

Unproductive Credit Creation, Fractional Reserve Banking.... this should get your feet wet...

U say like that may Samster Kah Cheng wet wet de woh…