Malaysians become poorer
Malaysians become a bit poorer the moment 1 cent coin value gets discarded. It’s an obvious sign that the standard of living has dropped.
Picture courtesy of http://alicialphh.blogspot.com/ via
I counted the 1-cent coins in my possession and the value that has suddenly gone to extinction is:
MYR1.85
I’m going to make a lot of assumptions now, so bear with me. Assuming all the 25 million people in Malaysia have in average at least half of what I do in terms of 1-cent coins, the wealth that would suddenly disappear would be:
MYR23,125,000.00
I’m pretty sure Zeti has estimated that amount already in greater precision and details.
sohas 9:22 pm on Tuesday, July 15, 08 Permalink |
Very interesting point. By the way, can’t we use 1 cent coins anymore?
aie 4:49 am on Thursday, July 17, 08 Permalink |
that reminds me.. i hv a lot of 1cents.. uhuu..
tak boleh bawa gi bank tuka?
mosh 10:24 am on Thursday, July 17, 08 Permalink |
just to increase the comments count in here ehehehe. this would make it 3
zzeed 7:13 pm on Thursday, July 17, 08 Permalink |
aie: takleh rasenye
mosh: tak berapa ikhlas tu, ahaha.
sohas 8:38 pm on Thursday, July 17, 08 Permalink |
That’s a pity – reminds me of younger days when those small copper round things used to have value(I used to collect them and change it for higher valued-coins/dollars)
zzeed 8:22 am on Friday, July 18, 08 Permalink |
i still do. well, not for 1cent coins anymore. maybe if i store em long enough, theyll become valuable again… as antiques… haha. i’ll pass em down to my grandchildren then.