Wednesday, October 28, 2009

Broken Money Bank Launches 2000 Rupiah



Bank Indonesia (BI) officially launched the 2000 Rp money as legal tender in Indonesia. New banknotes Rp 2000 was dominated by gray.

The launch of this new money committed by officials while (Pjs.) Governor of Bank Indonesia, Miranda S. Goeltom, accompanied by Deputy Governor of Bank Indonesia of circulation of money, S. Budi Rochadi, Governor of South Kalimantan, Rudy Ariffin, and the Governor of Central Kalimantan, Agustin Teras Narang in Banjarmasin, Kalimantan, Thursday (9/7/2009).

"Issuance of the new emission of paper money is an implementation of Bank Indonesia's policy in the field of circulation of money in order to satisfy the needs of dollars in public money in a fairly nominal amount, type the appropriate fractions, timely and in proper condition circulation," explained Miranda.

New pieces of money picture of Prince Antasari (National Hero from Banjarmasin, South Kalimantan) with the image the back of Dayak Traditional Dance. The money will be valid as legal tender starting on July 10, 2009.

BI in the press release explains, the selection picture on the money refers to the design of paper money before the theme of National Hero. This is a form of appreciation to the heroes and to contribute to the preservation of national culture.

New banknotes Rp 2000 color gray dominant with the security elements of image watermark Prince Antasari with security threads embedded in paper money and saying repeatedly BI2000 that will memendar red under ultraviolet light.

New bills, it also accommodates the needs of the blind by providing a specific code (blind code) on the right side of the face of money in the form of rectangular boxes printed in intaglio.

In addition, as at the time issued a new banknote denominations and Rp100.000 emissions Rp20.000 year 2004, and 10,000 years Rp50.000 emissions and 2005, the BI also issued banknotes Rp2.000 Uncut (specifically the money that has not been cut / money continued) as much as 4700 sheets with the kind of money continued each containing bilyet 2, 4 and 50 bilyet bilyet. As collectibles, Uncut is common banknotes issued in various countries as the publication of a special currency.


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.


Monday, October 26, 2009

THE HISTORY OF RUPIAH (IDR)



Rupiah derived from the words of rupee, the Indian currency unit. Indonesia has been using the Dutch Gulden currency from 1610 until 1817. After the year 1817, the currency was introduced Gulden Netherlands Indies. Rupiah currency was first introduced officially at the time of Japanese occupation during World War 2, with the name of the Dutch East Indies rupiah. After the end of the war, the Bank of Java (Javaans Bank, next to Bank Indonesia) introduced the Java rupiah as a replacement. NICA guilder currency made by the Allies and some printed currency guerrilla group also applies at the time. Since 2 November 1949, four years after independence, Indonesian Rupiah set as the currency of a new nationality. Riau Islands and West Irian rupiah has their own variations, but their use in 1964 was dissolved in 1974 in Riau and West Irian. Rupiah has units underneath. In the early days of independence, the rupiah in value compared with the Dutch East Indies guilders, which also used the units smaller force in the colonial period. Here are the units that was used but no longer used because the decline in the rupiah led to the unit's value is not important.
-sen, one hundredth dollars (no coins and fragments of five cents)
Asian economic crisis in 1998 caused the rupiah fell as much as 35% and brought the fall of the Suharto government.
Rupiah is the currency may be exchanged for free but lent to the penalty caused high inflation levels.
Units under the rupiah.
cepeng, hepeng, a quarter cents, from feng, used in the Tionghoa
- Dime, half-cent
- Lame, one-half cents
- Gobar or bruise, two and a half cents
- Dime / wince / stuivers (Bld.), five cents (there is a coin pieces)
- Picis, ten cents (there is a coin pieces)
- Rope, a quarter rupiah (25 cents, a coin denominations of 25 and 50 cents)

50 cents rupiah
There is also a unit of money, whose value is the third string.
Units on the rupiah
There are two units on the dollar right now is not used anymore. ringgit, two and a half dollars (no coins ever mess)
-Kupang, half ringgit


THE ANCHIENT IDR