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Zero Rupee Note

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31–40 of 241 posts

Re: Zero Rupee Note

#31

Zero-currency notes have been generated for most of the world: http://zerocurrency.org/

The Pakistani ten rupee note's parody, while current, is half done. It reads ۱۰ which is 10 in Urdu, and literally says "ten rupees" in Urdu on the top.

I'm assuming it was done by an English speaking individual that didn't know how to do it right. I'd love to contribute.

Re: Zero Rupee Note

#32
I wonder how similar bribery culture is to tip culture. In the US where we tip restaurant workers, restaurant wages are often much lower than comparable positions in industries that don't have tipping, so much so that the difference is often explicitly included in minimum wage laws. Do countries with more bribery experience a similar effect, where the wages of police officers and other bribery-prone worker are much lower than they would otherwise be?

If so, that creates a pretty tricky equilibrium problem. Even if I think bribery is ethically wrong, I don't want to be in a position where I'm asking someone else to accept less than their "fair"/expected/equilibrium wage. Higher wages might be a prerequisite for getting rid of a culture of bribery, but at the same time, raising wages per se probably doesn't do much to reduce bribery in the short term?

Re: Zero Rupee Note

#34
post #26

Zero-currency notes have been generated for most of the world: http://zerocurrency.org/

Poor Jackson got the honor of being featured on the US zero note. I kind of want to put Trump's face there.

Jackson's face is fitting -- He fought against corruption, and he particularly hated central banking and other banker interests.

Re: Zero Rupee Note

#35
Reminds me of this quote from Billy Madison:

"At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul."

Wonder if it feels as good to give zero rupees as it does to give zero points, or zero fucks.

Re: Zero Rupee Note

#36

I wonder how similar bribery culture is to tip culture. In the US where we tip restaurant workers, restaurant wages are often much lower than comparable positions in industries that don't have tipping, so much so that the difference is often explicitly included in minimum wage laws. Do countries with more bribery experience a similar effect, where the wages of police officers and other bribery-prone worker are much l…

Yes. Policemen are getting pretty low wages. But there are always a lot of people who want to work there, because they can get bribes. And they actually paying percentage of those bribes to their higher-ups and so on, so it's like a pyramid. And a lot of people want things to stay that way. Policemen are getting good income. Their masters are getting huge income. Ordinary people can pay much less to policeman, than they would pay in fines. It's that terrible win-win to everyone situation and that makes it very hard to destroy.

Re: Zero Rupee Note

#37

> Only one side of the note is printed to resemble currency so as not to run afoul of counterfeiting laws. Doesn't it? To know for sure we need to take it to the court.

This usually hinges on intent. The most common money-exchange scam is exactly this: the mark receives a stack of one-sided copies instead of actual currency, and the perp runs away before the mark notices. People have gone to prison for this.

Someone has gone to prison for trying to pass off one-sided copies of actual currency? Seems pretty unlikely to me. Would be interested in reading about an actual case of this happening.

Re: Zero Rupee Note

#38

Zero-currency notes have been generated for most of the world: http://zerocurrency.org/

I saw the US one has Andrew Jackson. Pretty fitting, but I can't tell if it was chosen because of his questionable legacy or just because the 20 dollar bill is common.

Re: Zero Rupee Note

#39

Earlier quoted context omitted.

I think it’s also a strong statement of your position when it comes to bribes. A shakedown for a bribe is a negotiation. If a person is told “pay this $100 fee right now or I’ll have to take you in” and says “no”, the cop may lower the price, raise the price, threaten more, or follow through on the threat to try to get the person to pay up. But if you have a piece of paper that says “I am so against bribery that I ca…

>> A shakedown for a bribe is a negotiation. It's only a negotiation if the official has any chance of being prosecuted for that bribe. >> But if you have a piece of paper that says “I am so against bribery that I carry around pieces of paper that say so” it makes the cop lose hope of getting the bribe. Or well, the cop simply arrests you and puts you in jail for a week during which you can't go to work to afford foo…

>> It's only a negotiation if the official has any chance of being prosecuted for that bribe.

I’m not saying it’s fair, but it is a negotiation. There are offers and counteroffers that are accepted and denied.

Re: Zero Rupee Note

#40

I wonder how similar bribery culture is to tip culture. In the US where we tip restaurant workers, restaurant wages are often much lower than comparable positions in industries that don't have tipping, so much so that the difference is often explicitly included in minimum wage laws. Do countries with more bribery experience a similar effect, where the wages of police officers and other bribery-prone worker are much l…

Bribery and Tip culture are both about public servants being underpaid by the public sector (or by the restaurant sector), and thus it is rationalizing the need for a private economy on top, eg prioritizing certain people and so on.
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