Some Common Cents for September 27th 2013

October 1, 2013, by John Norris

A co-worker recently told me I have been a little too pessimistic about the economy recently. While he hasn’t disagreed with anything I have written, he thought some good news every now and again would be most welcome. After all, there is only so much realism one person can take.

So, here goes nothing.

There is a one hundred trillion dollar banknote from the Reserve Bank of Zimbabwe on my desk. I bought it this morning at a coin shop in Hoover where a client and I had gone to purchase some silver bullion. The store also had a fifty trillion banknote, so I bought that as well. When I got back to the office, I attempted to deposit the things into my checking account, Oh well. It was worth a shot, you know? …Read On…

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.