Monday, January 4th, 2010
3

Worthless Money Has a Price Now

Money!Best holiday card of the year: the one from (Chicago-based and Objectivist-believing!) CapitalistPig Asset Management, who sent out defunct Zimbabwean currency. Actually, the firm sells the bills, for a rather unreasonable price, as their value is probably something near zero. They also sell t-shirts. (Would you get your portfolio evaluated by a firm that bothered to sell t-shirts? I personally would not. Your mileage may vary.) Keep in mind that, not long before the currency was suspended, an egg cost $50 billion of these "dollars."

3 Comments / Post A Comment

Mugabe's African Dictatorial Chic apparently doesn't extend to a stable currency.

Ronit (#1,557)

I work in finance, and any hedge fund with a merchandise section on its website is, quite frankly, unbelievably gauche. I wouldn't invest.

rj77 (#210)

I like that the Zimbabwean (?) government uses Rock Band font for their currency.

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