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<p>[QUOTE="krispy, post: 939590, member: 19065"]<b>chip:</b></p><p><b><br /></b></p><p><b></b>In part this 'uninspired' design may express the lack of vision at the time of implementation and given what can be afforded, however, in a crisis to keep up with rising inflation, the time line in which to conceive, design, approve, prepare, print and distribute notes is much, much more of an urgent and rushed process than in times when inflation is not as much of a pressing factor. In such a crush of time art and design factors go out the window. Think of the diagram below, you can only have two of the three: good, fast or cheap at any given time, not all three. </p><p><br /></p><p><img src="http://deinoscloud.files.wordpress.com/2010/01/fast-good-cheap.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>US Notes easily take as much as two years to make their way into circulation after a redesign, where as in some time periods of economic crisis, countries facing such a crisis, print and distribute currency so quickly because the notes themselves have an incredibly short term of effectiveness. Usually inflationary notes are printed with dates indicating when they will expire, after which they're no good and replacements are then distributed or a new unit of currency is issued if something can be used to replace the failed currency.</p><p><br /></p><p>In short, designing, printing and distributing something on the magnitude of an artistic tour de force like the "educational notes" are not done in times of a national economic emergency, and inflationary notes are a race against many factors, prominently, time.</p><p><br /></p><p>Here's an older thread with a lot of examples of Hungarian currency, including several Inflationary notes from after WWII:</p><p><br /></p><p><b><a href="http://www.cointalk.com/t99191/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t99191/">Austria-Hungary, Hungarian & Hungarian Inflationary Paper Money: 1915 - 1989</a></b></p><p><b><br /></b></p><p><b><br /></b></p><p><b><br /></b></p><p><b></b><p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 939590, member: 19065"][B]chip: [/B]In part this 'uninspired' design may express the lack of vision at the time of implementation and given what can be afforded, however, in a crisis to keep up with rising inflation, the time line in which to conceive, design, approve, prepare, print and distribute notes is much, much more of an urgent and rushed process than in times when inflation is not as much of a pressing factor. In such a crush of time art and design factors go out the window. Think of the diagram below, you can only have two of the three: good, fast or cheap at any given time, not all three. [img]http://deinoscloud.files.wordpress.com/2010/01/fast-good-cheap.png[/img] US Notes easily take as much as two years to make their way into circulation after a redesign, where as in some time periods of economic crisis, countries facing such a crisis, print and distribute currency so quickly because the notes themselves have an incredibly short term of effectiveness. Usually inflationary notes are printed with dates indicating when they will expire, after which they're no good and replacements are then distributed or a new unit of currency is issued if something can be used to replace the failed currency. In short, designing, printing and distributing something on the magnitude of an artistic tour de force like the "educational notes" are not done in times of a national economic emergency, and inflationary notes are a race against many factors, prominently, time. Here's an older thread with a lot of examples of Hungarian currency, including several Inflationary notes from after WWII: [B][URL="http://www.cointalk.com/t99191/"]Austria-Hungary, Hungarian & Hungarian Inflationary Paper Money: 1915 - 1989[/URL] [/B][LEFT][COLOR=#000000] [/COLOR][/LEFT][/QUOTE]
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