Friday, October 26, 2007

Rich Man’s World

I had forgotten about the money here.  The largest note that the central bank issues is a 100 RMB note, shown below.

Please excuse the oversaturation on the image, it’s not my scan.  At any rate, 100 RMB is worth roughly $12 or so. Imagine how thick your wallet would be if you had to carry around all your money in $10 bills.  Wanna go out for a night on the town and you feel like taking $400 or so?  That’s FORTY $10 bills in your wallet.  So when you fold your wallet in half to stick it in your pocket, you feel like George Costanza.  What a pain in the ass.  I’m looking at my wallet now and it’s almost 4” thick, with my credit cards and everything.

Yes, yes, I know I could get a money clip.  But still, China needs to get with the program and come up with a 200 or 500 RMB note.