Wednesday, October 28, 2009

Currency IRD 2000 trap of poverty?


Banknote 2000 dollars today, if you drive through toll roads, you will rarely receive the change of sheet USD 1000, -. The cashier actually restore the toll booth toll with coins remaining Rp 500, - aluminum. Indeed since March 2007, Bank Indonesia plans to issue bank notes (U
K) recently, Rp 2000, - and Rp 20,000, - and then pull the paper currency USD 1000, - illustrated Pattimura to be replaced with new coins of Rp 1,000, - a less expensive metal materials of the coin Rp 1000, - Palm Series (1993 - 2000). So what does this change? Yes, of course, with the publication of Rp 2000, is trimming our property or assets denominated in dollars, a half of the original purchasing power, which is called inflation dollars! You who was quite comfortable with the income, say, Rp 2 million per month, now with the cuts earlier, you should add to their income double that! This means that after Idul Fitri 1430 H later, your income must be increased to Rp 4 million or at least Rp 3 million per month if you want to stay comfortable as it is today (July 2009). And what about ordinary people whose income is less than Rp 1 million a month? Yes, the blangsak Historically, when the Suharto era first, the highest banknote since 1968-1991 is Rp 10,000, -. Then the reason the state budget deficit, money diedarkanlah sheet Rp 20.000, - series Clove / Paradise, in 1992.




Because the nominal "weird" outstanding success, it soon appeared nominally higher is Rp 50.000, - illustrated Pak Harto (1993). And it is not impossible, when paper money USD 2000, - this new outstanding success, Bank Indonesia will issue a paper currency with another new face, for example: Rp 200.000, -; Rp 500,000, -, and even USD 1 million!
Because it is commonly done by the Central Bank in developing countries. Because the typical developed country currencies, the nominal figure is only three digits, such as the USA $ 100, 200 riyal Saudi Arabia, Europe 500 euros, British pounds sterling 100; except Japan and South Korea to 10,000 yen and 10,000 won, as the economy remains a post-trauma World War II. With the withdrawal of Rp 1000, - the automatic smallest coins are Rp 500, -. While coin Rp 100, - and Rp 200, - will disappear by itself, damaged or dicuekin. This commonly happens after the publication of new money, when fragments of USD 1, - and Rp 2, - disappeared in 1975, ten years later, USD 5, - and Rp 10, - disappeared in 1985, and USD 25, - and USD 50 , - disappeared in 1995. Now at this 2009 Rp 100, - and Rp 200, - have lost their purchasing power. People are exploited in order to stimulate economic activity, and forced to give up some of the loss of their toil. Consider the consequences. When the chicken egg was worth USD 10 countries, -/butir in 1975, then rose to USD 100, -/butir in 1985, the holders of the rupiah has lost assets of Rp 1 digit 10, - to Rp 100, -. This means that the holders of paper money should find ten times more sheets of dollars to buy the same eggs. It may be that one day the price of domestic chicken egg must be paid with sheets Rp 10,000, -/butir, a matter of time. To outsmart inflation, Bank Indonesia has been increasing the number zero on the new paper money. This is usury Zero Sum Game! How long will this game will end usury? People who lose too quick in this game would offset worse condition.


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