Economics

13,9% arbitrage yield. Sealed in plastic.

The German discounter PLUS is taking the concept to the next level, selling a limited amount of 100€ Euro bills, albeit sealed in acrylic glass, for the bargain price of 92,95€ including shipping. They must be pretty sure it will be impossible to get the bill out of its plastic case… I’m not sure they know that any central bank branch will replace a broken Euro bill with a new one provied more than half of the original is handed over, and the bill’s number is intelligible. (via lawblog.de)

update:only 3 pieces are sold per person. The Bundesbank will not replace intentionally damaged bills, ie it’s not possible to hand them the entire block of plastic with the bill, it has to be damaged ‚unintentionally‘ during the removal attempt.

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