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Old 06-27-2007, 10:02 PM   #1
Pharmaciest2007

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Default Teh evil muslim plot against India revealed :eek:
http://gospodarka.gazeta.pl/gospodar...1,4256486.html
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Old 06-27-2007, 10:18 PM   #2
Peter Hill

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for posting a link to an article in Polish

Anyway, this sounds suspicious. Isn't there a cheeper way to get razors than manufacturing them small scale from coins?

For example, they could buy stainless steel from the same company that sells it to the Indian mints. They probably wouldn't mind getting 35 times better price for it from the razor-starved Bangladeshians.
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Old 06-27-2007, 10:26 PM   #3
meteeratymn

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stainless steel has gone up in value quite a bit over the pass few years... making coings out of them is STUPID, if you ask me.
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Old 06-27-2007, 10:54 PM   #4
AndyScouchek

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http://www.timesonline.co.uk/tol/new...cle1940319.ece
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Old 06-28-2007, 05:27 AM   #5
gernica

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Wait, wait... this is the explanation, I simply overlooked it:

Inflation of nearly 5 per cent in India means that one rupee is worth more in its raw stainless steel form than its face value as a currency.

Obviously, if the metal in the coin is worth more than 1 rupee, the coins are bound to disappear. No hoarding or elaborate theories needed. Where it's going? Maybe to the same place that buys scrap metal.

If you had silver dollars in the US, of 1 dollar nominal value, they'd quickly disappear from circulation too.
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Old 06-28-2007, 05:41 AM   #6
jhfkgkfdvjk

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BTW, I think that other countries also have small coins that are more valuable in metal than in nominal value. However they are usually pretty thin and are made from an alloy of a couple of metals, which combined makes them unprofitable to collect and smelt.
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Old 06-28-2007, 05:48 AM   #7
mikefertynnz

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Can people not retrieve files I UL here?
If they can't, I want a discussion with DanQ.
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Old 06-28-2007, 06:14 AM   #8
tpJKhY8Z

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NOW, I know how to do it.
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