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Money-Shredding Alarm Clock — Parallax Forums

Money-Shredding Alarm Clock

ercoerco Posts: 20,256
edited 2013-06-17 17:42 in General Discussion
And I thought Clocky, the roving alarm clock, was a stretch... But since time IS money:

http://finance.yahoo.com/news/genius-alarm-clock-shreds-dollar-134759351.html

Comments

  • PublisonPublison Posts: 12,366
    edited 2013-06-17 14:52
    erco wrote: »
    And I thought Clocky, the roving alarm clock, was a stretch... But since time IS money:

    http://finance.yahoo.com/news/genius-alarm-clock-shreds-dollar-134759351.html

    Got's to be careful:
    From the U.S. Treasury:

    "..Whoever mutilates, cuts, disfigures, perforates, unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, Federal Reserve Bank, or Federal Reserve System, with intent to render such item(s) unfit to be reissued, shall be fined not more than $100 or imprisoned not more than six months, or both.

    Defacement of currency in such a way that it is made unfit for circulation comes under the jurisdiction of the United States Secret Service...."
  • ElectricAyeElectricAye Posts: 4,561
    edited 2013-06-17 16:43
    Here's a different kind of game, sure to cause some rude awakenings someday soon: take your eyes off the financial markets for more than a millisecond and you're inexplicably living in the 1800's.

    http://www.wired.com/business/2012/08/ff_wallstreet_trading/all/

    From the standpoint of measuring speed at which wealth can be made to disappear, this kinda makes money shredders look like glaciers by comparison.

    http://www.motherjones.com/politics/2013/02/high-frequency-trading-danger-risk-wall-street

    "....Computer programs send and cancel orders tirelessly in a never-ending campaign to deceive and outrace each other, or sometimes just to slow each other down. They might also flood the market with bogus trade orders to throw off competitors, or stealthily liquidate a large stock position in a manner that doesn't provoke a price swing. It's a world where investing—if that's what you call buying and selling a company's stock within a matter of seconds—often comes down to how fast you can purchase or offload it, not how much the company is actually worth..."
  • Phil Pilgrim (PhiPi)Phil Pilgrim (PhiPi) Posts: 23,514
    edited 2013-06-17 17:39
    ... and it's gone:

    -Phil
  • NWCCTVNWCCTV Posts: 3,629
    edited 2013-06-17 17:42
    Defacement of currency in such a way that it is made unfit for circulation comes under the jurisdiction of the United States Secret Service..
    And you thought the money under your mattress was really "Yours"!!!!!
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