ass-dollar (n.) 1. Any piece of currency received in change so worn out and raggedy that the recipient rightfully concludes was almost certainly stored up some prior owner's tailpipe at some point in time. e.g. "I got two ass-dollars in change at the drive-thru."
Having received far too many exemplars of the type, we herewith officially coin the term. Use it widely with our sincerest benedictions. They have apparently overrun the circulating bills to the point that the Treasury Department no longer finds it convenient to remove them from circulation.
Just one more indicator of the true state of civilization, and its continued slippage towards mud-hut Turd World status.
Don't even bring up the actual value of same over time.
3 comments:
You know that Voltaire quote about paper currency always returning to the value of the paper? What happens when it costs more to print the dollar than the dollar is worth? It's not like they can go to a cheaper alloy, like the zinc pennies we've been using since the mid-80s. The cost of the paper in the dollar has to be going up - they're forcing it to.
If you add enough zeros, that will take care of it - for a while.
They've already crossed that threshold. The value of a $1 bill is already less, in real terms, than the cost to print one.
The spot price at the moment I type this is $2621.48/oz for gold, meaning a US dollar in 2024 is worth 0.78¢ (i.e. about 3/4s of 1¢) compared to a U.S. dollar from 1837-1933 (an inflation rate of over 12,600% since 1933), while it costs the Treasury Dept. between 2.8¢ and 5.4¢ to print a $1 bill, per various sources, i.e. about 4 to 9 times the value of the bill itself in real terms.
They would provide more long-term utility if they were printed on perforated toilet paper squares, taking the meaning of "ass-dollar" to a whole new level, while preventing them being discarded in the streets after the inevitable future financial collapse, unlike Weimar reichsmarks, Zimbabwean dollars, or Venezuelan pesos.
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