fusso
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We should be using metric/SI prefixes on currencies
One reason is consistency.
When we use SI in other measurements, then why not also money?
Another is to eliminate confusion between British and American.
"Hey that's trillion not billion!"
3rd is convenience.
Megadollars is much more easier to write and pronounce than million dollars.
See the following site for details.
https://diracseashore.wordpress.com/2008/10/03/scientific-no...
[Edited on 09/09/18 by fusso]
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j_sum1
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It is of little importance as long as thete are different base units around.
And we have different currencies for economic reasons: there are reasons for countries to keep their economies separate from other countries. It
protects them from economic fluctuations that they would otherwise have no control over.
There is nothing to be gained by trying to attain some uniformity with the nomenclature of non uniform quantities. You are trying to compare
kiloapples with hectoranges.
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fusso
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Quote: Originally posted by j_sum1  |
And we have different currencies for economic reasons: there are reasons for countries to keep their economies separate from other countries. It
protects them from economic fluctuations that they would otherwise have no control over.
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Then you can use kiloeuro, megayen etc, no need to restrict yourself to only use dollar.
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j_sum1
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But you are still dealing with non-base-ten conversion factors because the base units are different. So any advantage is nullified.
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fusso
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Sorry I don't understand what you mean?
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j_sum1
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Converting from Euro to Yen is not made easier by using kiloeuro and megayen.
I actually think it makes more sense to use decamonths and gigaseconds. With currencies you are always going to have variable conversion rates. Using
metric prefixes simplifies nothing.
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DraconicAcid
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Who said it did? It just makes it easier for people to keep billions, millions, milliards, and trillions straight.
(And I do use kiloseconds, but only when teaching my students how to do unit conversions properly.)
Please remember: "Filtrate" is not a verb.
Write up your lab reports the way your instructor wants them, not the way your ex-instructor wants them.
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CobaltChloride
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In some languages, they already use SI prefixes. For example, in French you can say 32 KEUR (kilo-euro) instead of 32000 EUR.
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Swinfi2
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All currencies are imaginary and hence dimensionsless.
Their even more imaginary now their not even backed by a gold standard.
Si prefixing only helps the masses understand extra ¤¤¤'s during hyperinflation, people with ¤¤¤'s now don't need to count them. Why would the
people who made the hyperinflation want the masses to understand it better? (They wouldn't)
Society is on a knife edge you just need to look for the signs and realise who pulls the strings to keep it that way for their profit. The only
question left is where falls next.
[Edited on 9-9-2018 by Swinfi2]
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unionised
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As far as I can tell, they famously have the same dimension as time.
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j_sum1
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I don't understand what problem we are trying to solve here.
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SWIM
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Okay. Fusso, so how would you say: $3,246,327.98 in metric prefixes?
Is it 3.24632798 megadollars?
Or is it 324,632,798 centidollars?
And which of the three is easier?
And is it true the milliard was invented by Millard Filmore, but the spelling was later changed by his associates in the Know-Nothing Party; because
they really didn't know much of anything, including phonetics?
[Edited on 10-9-2018 by SWIM]
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DraconicAcid
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How many times are large prices discussed right down to the last cent?
Please remember: "Filtrate" is not a verb.
Write up your lab reports the way your instructor wants them, not the way your ex-instructor wants them.
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fusso
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| Quote: Originally posted by SWIM | Okay. Fusso, so how would you say: $3,246,327.98 in metric prefixes?
Is it 3.24632798 megadollars?
Or is it 324,632,798 centidollars?
And which of the three is easier?
And is it true the milliard was invented by Millard Filmore, but the spelling was later changed by his associates in the Know-Nothing Party; because
they really didn't know much of anything, including phonetics?
[Edited on 10-9-2018 by SWIM] |
I'd just say about 3 megadollars. As DA mentioned, who would bother saying the
remaining digits?
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j_sum1
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You would need to convince me that in the context of discussing financial matters megadollar and gigadollar is somehow superior to the "millions of
dollars" and "billions of dollars" that we read in the newspapers. I remain unconvinced. Especially since in any given discussion we are generally
comparing quantities of similar orders of magnitude. (There are not many budget discussions that include $1000 items and $1000,000,000 items.)
As I have already argued, when it comes to using different currencies, any advantage there may be melts into the mire of currency conversions.
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JJay
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Using metric suffixes for currencies is an abomination. $1000 is not a "K" for "kilodollar." It's a "G" for "grand."
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SWIM
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1 When you buy things
2 When you sell things
3 When you do accounting
4 When the IRS comes to ask for the other $4,540.32 you owe on your tax bill. They take a dim view of rounding off.
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fusso
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| Quote: Originally posted by SWIM |
1 When you buy things
2 When you sell things
3 When you do accounting
4 When the IRS comes to ask for the other $4,540.32 you owe on your tax bill. They take a dim view of rounding off.
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Yes the exact number/value/amount can still be displayed on paper/screen when you use
kilodollars in oral communication. I didn't say you have to simplify every number you use.
[Edited on 10/09/18 by fusso]
[Edited on 10/09/18 by fusso]
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Texium
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This is... very goofy to say the least. It certainly belongs in Whimsy, though I am pretty sure dear fusso doesn't have access, so I guess I'll leave
it here a while longer.
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