Dec 04 2008

Are you prepared for the new alternate currency?

Published by at 11:51 pm under Currency,Humor,Money

xkcd – A Webcomic – Alternate Currency

Alternate Currency

About the author:  Jason Welker teaches International Baccalaureate and Advanced Placement Economics at Zurich International School in Switzerland. In addition to publishing various online resources for economics students and teachers, Jason developed the online version of the Economics course for the IB and is has authored two Economics textbooks: Pearson Baccalaureate’s Economics for the IB Diploma and REA’s AP Macroeconomics Crash Course. Jason is a native of the Pacific Northwest of the United States, and is a passionate adventurer, who considers himself a skier / mountain biker who teaches Economics in his free time. He and his wife keep a ski chalet in the mountains of Northern Idaho, which now that they live in the Swiss Alps gets far too little use. Read more posts by this author

8 responses so far

8 Responses to “Are you prepared for the new alternate currency?”

  1. Jill Ketoon 06 Dec 2008 at 12:24 am

    Forget the Amero, I'm all for a one world currency based off of number of funny pics on the hard drive. Hilarious. Thanks for starting my day off with a laugh.

  2. jabbobbon 08 Dec 2008 at 12:11 am

    My favorite post so far! And yes, I am prepared for that kind of currency.

  3. David Granon 08 Dec 2008 at 4:30 pm

    Is the relative value of this new currency based on the relative humor or witty insightful-ness of said images? How much is a "LOLCat" worth against the "FAIL!" ?

  4. Sean Isaacson 17 Dec 2008 at 5:50 am

    Although this would not be economically feesable, it's great for me… i would be rich. =)

    If this were true, then it would no longer be up to the government to print and distribute money, thus with an endless supply of free money, it would soon become worthless and a new alternative would need to be implemented.

    I guess this could be one extreme example of monetary policy… it wouldnt do any good though.

    I love XKCD comics… been reading them for ages, read every one.

  5. Ross Hutchisonon 17 Dec 2008 at 6:30 am

    This is of course on the surface dealing with the current economic situation but it is also, in a sense, speaking to the underlying consciousness of the internet era. The concept of the pictures being a source of monetary worth becomes funnier when people realise that they would actually have a fair amount of "monetary value" in this new dollarless society. A geek utopia indeed; unfeasable to the extreme but oh-so-pretty.

  6. Gorka Zubieteon 17 Dec 2008 at 7:31 am

    I WOULD BE A MILLIONAIRE!!!! Haha, seriously I would love if this was the new currency. However, as Sean stated before with the internet, getting funny images would be easy and thus the currency would devalue drastically.

    More blogs that are just a picture would be awesome haha!

  7. Chris Hoferon 21 Jan 2009 at 12:54 am

    I think that a single global monetary currency would be very beneficial. This would solve various problems including having to change currency's when traveling. However the problem with having a currency based off of number of funny pics on the hard drive is that people who do not have access to a computer would in turn be poor.

  8. Rebbecca Kalamaon 09 May 2011 at 1:58 am

    I seemed to be aware of this already, but still there are a few beneficial pieces that finalized the image for me personally, thank you!