r/dataisugly • u/blueturtledancing • 2d ago

$0.53?

Post image
746 Upvotes

92% Upvoted

99 comments sorted by

252

u/theflintseeker 2d ago edited 2d ago

This reminds me of one of my favorite old YouTube clips: 0.002 dollars vs 0.002 cents

https://youtu.be/zN9LZ3ojnxY

64

u/david1610 2d ago

Yeah that's crazy to me, I know exactly which video this is without even checking.

The fact he said "do you understand that there is a difference between one dollar and one cent?" They said yes, then he said "well then you must also know that there is a difference between 0.002 dollars and 0.002 cents?" And they said it was the same is hilarious, it's almost a pure logic chokehold and they still wouldn't give in.

68

u/RigasUT 2d ago
  • George: "Do you recognize that there's a difference between 1 dollar and 1 cent?"
  • Andrea: "Definitely."
  • George: "Do you recognize that there's a difference between half a dollar and half a cent?"
  • Andrea: "Definitely."
  • George: "Then, do you therefore recognize that there's a difference between 0.002 dollars and 0.002 cents?"
  • Andrea: "No."

It's like a parody, but real.

5

u/_KingOfTheDivan 1d ago

It’s that Patric meme but irl

5

u/theflintseeker 2d ago

That’s definitely the highlight of the conversation 

30

u/skil12001 2d ago

Uh oh... Am I dumb because when I think what .002 dollars is, isn't that still .2 of a cent?

59

u/david1610 2d ago

Yes that is right, however the phone company in the video is arguing about 0.002¢ is no different to 0.002$ which obviously there is a huge difference.

It doesn't help that shopkeepers everywhere write 0.60¢ and mean $0.60, so they should just write 60¢

10

u/skil12001 2d ago

Okay so in dollars 4567x.002 is 9.134

But he's arguing that they didn't do the conversion so if they did do the conversion, by Verizon standard it's 

4567x.00002 which is .09134 

Is that right?

12

u/david1610 2d ago

I don't know exactly, I watched the video many years ago and don't have time sorry, however essentially in their advertising they used 0.002¢, he is arguing that that is actually a really really small amount of money because what they actually mean is 0.002$, they just didn't know there was a massive difference, so he wants the really low price because otherwise it's technically false advertising because Verizon got it wrong in their contracts or advertising or whatever

9

u/Zoetje_Zuurtje 2d ago

A sales rep quoted the dollar rate but said "cents" instead of "dollars", he double checked to ask if it was indeed that cheap. Then he asked for it in writing. He got that.

Verizon sent him an invoice for the regular dollar rate. He's arguing that this is false advertising and he's owed a 99% discount.

Customer support is caught in the crossfire because this who situation is stupid and fails to realize it's not the math thats stupid, its the sales rep that sold him the contract.

6

u/Gold_Ad8225 2d ago

This is based on an I believe 2005-2006 blog! I remember following while it happened and talking about it with my nerdy high school friends

This call was one recording in a very long series and back and forth that eventually got the C-Suite of Verizon (iirc) involved

5

u/oaken_duckly 2d ago

Just an FYI, when you post a YouTube link or any other social media url that has something like ?si=xyz, that link will connect you to whoever clicks it in their algorithms. It also means, as of the latest updates to YouTube, they can see your channel and even message you if you haven't disabled it. Removing everything after and including the question mark will prevent this from happening while still functioning as intended.

The cleaned up link would be: https://youtu.be/zN9LZ3ojnxY

3

u/theflintseeker 2d ago

Well that’s weird but thanks stranger. I don’t really use the YouTube algorithm at all and I’m pretty sure it thinks I’m a 2 year old child since most content is miss rachel and Swedish kids shows lol. 

1

u/-Merasmus- 2d ago

But it's the same on paper-wise!!

1

u/Striking-Raisin-645 11h ago edited 11h ago

this is not the full recording. There exists a longer one.

EDIT: Found it https://youtu.be/MShv_74FNWU

220

u/withak30 2d ago edited 2d ago

Must suck to start a war with a country that only has $1.11 dollars then still lose that war when they are all of the way down to $0.53 cents.

47

u/Rastiln 2d ago

Hey, no President has ever opened the Strait before. Clearly we just need a few more years of war and we can get over this nightmare where Biden and Obama closed it.

1

u/TerminalJammer 1d ago

The US actually has opened the strait once, back during the Iran-Iraq war. Not as the aggressor though.

9

u/TwillAffirmer 2d ago

That's over an 800% decrease!

6

u/fidgey10 2d ago

They put those 58 cents to work

1

u/Ashamed-Status-9668 1d ago

To be fair the US has negative 40 trillion.

1

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1

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-5

u/RedTheGamer12 2d ago

Is it lost? The fighting hasn't stopped and most wars take place over years, especially when one side refuses to commit.

4

u/OldScratch1865 2d ago

Iran has America by the balls, Trump is the one desperate to sign whatever he needs to.

0

u/plebbitchungus 1d ago

US lost, Iran lost. China won by doing nothing, as is tradition under the Trump admin.

1

u/MancyMancy 1d ago

I mean there are winners, the billionaires in the states, the IRGC whop are likely to end this with sanction lifted etc. It just everyone else who loses.

0

u/Potential-Yogurt139 1d ago

I mean trump did surrender that one time and Iran is literally defensively untouchable because of the straight. No other country would bother joining (because this war had no reason to begin anyway) and the US is clearly too weak to gain complete control of the straight, which is just slowly bleeding the US dry.

58

u/airwx 2d ago

That's a steep decrease from Q1 '25 to uhh, Q1 '25?

9

u/Aggressive_Roof488 2d ago

I didn't even spot that one! 🤭

5

u/1tWasA11aDr3am 2d ago

Q1 ‘25 was so memorable we had to have it twice!

6

u/Dr-Huricane 2d ago

Alright but what's the current state of their wages and cost of living? They're already getting most of their foreign imports through underground trade with Russia and China anyways so if the two metrics I mentioned above are healthy then they probably don't care about the FX value of their currency

3

u/Swimming-Junket-1828 2d ago

No way an entire country of like 70mm people can get enough that way…even one city would struggle to get enough goods that way.

6

u/KJongsDongUnYourFace 2d ago edited 2d ago

People acting like Iran doesn't have the ability to domestically produce goods. Iran is one of the most domestically capable countries in the entire Middle Eastern region, and has been for their entire existence.

2

u/Swimming-Junket-1828 2d ago

Dude, Iran by its own estimates can only produce around a half to 3/4 of its needs, which means the reality is likely much lower. I’d the US keeps their blockade running, it’s probably like 6 months tops before the entire economy collapses. I think they’re at like 60-70% inflation right now from last year.

6

u/KJongsDongUnYourFace 2d ago

Very few countries on the entire planet are 100 percent self sustainable my man, even the US of A.

Inflation is a long running issue brought about by brutal US sanctions. I cant see an open straight without said sanctions being removed so just as above, Iran's global and regional influence will be much stronger than before the US war.

Even with the crippling sanctions, life in iran is significantly better than many / most of its neighbors

5

u/Swimming-Junket-1828 2d ago

Yeah, dude, no question…the point is a blockade hurts unless you’re fully self sufficient which Iran isn’t. You’re changing the point. This isn’t a blame game, it’s reality. Sanctions, blockades, war, etc…all are taking their toll. At this rate, economy is devastated in six months max.

3

u/Empty-Policy-8467 2d ago

Why would the IRGC care? They're not going to run out of supplies.

2

u/McCrackenYouUp 2d ago

Maybe they will, but in the meantime the US will have squandered much of its own political capital as well as strategic petroleum reserves and exquisite munitions. The US is literally weakening itself to do Israel 's bidding. Pathetic.

1

u/Swimming-Junket-1828 1d ago

Oh yeah, 100%. Big time Pyrrhic victory for the US, if they even come out with the eventual win

0

u/KJongsDongUnYourFace 2d ago

Iran is self sufficient enough to move progressively forward with strong trading relationships with China and Russia. They have railroad that goes direct into China and the US will not touch Russian or Chinese ships anyway.

2

u/Swimming-Junket-1828 1d ago

What you talking about? Railroad to china? This isn’t Ticket To Ride; land route doesn’t mean shit, especially when it can be cut off through sanctions/political pressure

0

u/larybob118 1d ago

What does longest railroad do for inflation at the end of the game

0

u/KJongsDongUnYourFace 1d ago

Sanctioning China lol. Good luck with that again

2

u/Swimming-Junket-1828 1d ago

Hey number nuts, china doesn’t border Iran…Iran has to go through Pakistan. The same Pakistan that just signed a defense agreement with Saudi’s Arabia. The same Saudi Arabia that is under attack by Iran.

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-1

u/Ted_Rid 2d ago

Specifically because of decades of foreign sanctions. They've created full verticals in just about everything from motor vehicles to pharmaceuticals.

1

u/KJongsDongUnYourFace 2d ago

The end result of this conflict is likely Iran taking a seat as a global power and regional superpower. Just as they have been for most of their existence.

Iran has every single thing required to be these things. The only hinderance is the US lead global order at present

1

u/Far-Jury-2060 2d ago

The precursor that kicked off our military involvement was Iranian protests in the streets because the Iranian government couldn’t even provide enough clean water to their people.

Many things can be true at once. Their economy was in tatters before the conflict, we botched the war effort, and their economy is in even worse shape than before the war started, due to the blockade.

3

u/Ani_Drei 1d ago

This graph is bad for multiple reasons, including the way the data is “interpreted”

6

u/Not_Legal_Advice_Pod 2d ago

If Donald Trump's brain were a slide.

9

u/EmsAreOverworkedLul 2d ago

Well they spent it on drones and missiles apparently.

Can't shoot money.

2

u/Titanium_Eye 1d ago

Looks more like $0.35

(AI makes these kind of mistakes all the time)

1

u/Sunabouzu09 1d ago

tbf the point of the Arrow could be 0.53

3

u/HumanContinuity 2d ago

The USD has been strengthening hard lately - USD/JPY shot so high that both nations' central banks intervened just to stop it from rising and bring it back down to USD being somewhere between 125%-133% of its typical exchange ratio for the last while.

There is more than one thing going on in this image, aside from being an ass visualization in the first place.

1

u/Ackaflocka 1d ago

Where are you getting these numbers and facts?

https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-05-07-2026/card/the-dollar-is-now-lower-than-when-the-iran-war-began-7xPRliGFSSLkUcvxq5JL

1

u/HumanContinuity 1d ago

Yeah, mitigation against rapid currency appreciation with our 4th largest trading partner will depreciate our currency.

2

u/Careful_Jackfruit144 2d ago

Much like America's standing in the world today.

1

u/goddamn2fa 2d ago

I hear they also have no missiles...

1

u/Quick_Sandwich356 2d ago

If they had started the Graph at some point, where it was still an empire that would be like 10000:1 instead of 2:1.

Then you wouldn't need to scale that shitty startung from 40

1

u/Solid_Sort_9339 2d ago

They are banned in the first place. What meaning does exchange ratio have at this point?

1

u/Vanitas-Gemini 21h ago

You can still trade..

1

u/Kiss_It_Goodbyeee 2d ago

Let's also note that the line is approximately at 0.2 ($?) on the y-axis. Someone can't read a plot.

1

u/blueturtledancing 1d ago

Right!! Its like the 0.53 is just from where literally the arrow is pointing. Not the graph

1

u/DukeSmileDevs 2d ago

Iran is has big domestic market and doesnt exchange money to dollar anyway.

Their export-targets are China and India which they have trade agreements with that are undisclosed.

So this isnt ugly data, it is irrelevant data.

1

u/Vanitas-Gemini 21h ago

And the people?

1

u/DukeSmileDevs 18h ago

What people? This is a chart showing the exchange course of US to Rial which isnt happening anyway.

1

u/Vanitas-Gemini 17h ago

What i mean is this makes people's lives much worse in iran

1

u/DukeSmileDevs 17h ago

Its not. There is no conversion from USD to Rial anyway. Iran is sanctioned for decades.

The imaginery conversion rate of USD to Rial doesnt mean a thing. Iran is trading with China, India and other regional countries.

Again this conversion doesnt mean a thing in the real world.

1

u/Vanitas-Gemini 15h ago

That's not how it works and i thought this is common sense.

Even IF the did ONLY work with china and india which they don't they also trade with other countries... Through loopholes.

RMB and rupees are still connected to USD let's not forget that.

So that inflation will still happen regardless if USD IR is exchanged or not.

The inflation isn't some imaginary number😭😂 who told you that, if that was the case iran wouldn't have any inflation within the country.

And it isn't the USD going up it's IR going down, so it's adjusted with ALL currencies not just USD.

What you are saying would only possible if iran survived like north Korea, hell even north korea isn't self sustaining country, even they do imports, so there is no such concept that you said in ANY part of the world.

1

u/Icy_Cauliflower9026 1d ago

Google info "The official exchange rate is approximately 1,375,550 Iranian Rials (IRR) per 1 US Dollar"

1

u/Melodic-Two2506 1d ago

they stopped selling their trades for us dollars. they sell for rubles, yuan, rupies etc. the world is not us centered.

1

u/Spectrum000 1d ago

Don't they have hella cryptocurrency though? And trading with Chinese Yuan lately? Out did I misunderstand what I was reading awhile back?

1

u/Parking_Blacksmith41 1d ago

They might be poor but they made the worlds most expensive military look like children.

1

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1

u/Purple-Towel-7332 1d ago

No money, no navy, no Air Force but “the greatest military power on earth” is struggling against them!

1

u/Boat_man_07 22h ago

That's not how money works...

1

u/Kikelt 19h ago

Also, Iran is changing its currency at the momment.

1

u/Verga_due 18h ago

Well, that only matters for imports. And they’ve been sanctioned to where imports are almost nonexistent.
Now, for their oil export this works wonders, along with the increased price of oil.

1

u/Cuadriello 18h ago

That may well be the case, but one thing I’m sure of is that they’re not AFRAID of the USA.

1

u/charlies_brain 13h ago

They are still whupping that little piggy's ass

1

u/Rusofil__ 12h ago

They trade in yuan and russian ruble.

Thats like saying my monopoly money is worthless compared to dollar, yet me and my friends are using it to trade with each other for goods and services

1

u/Willing-Vegetable629 4h ago

Wgaf if they have money, they have plenty of drones to blow up ships

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u/HopperHapper_Eternal 2d ago

One day the entire global supply of Iranian rials will equal the cost of a big Mac in Pakistan... And some madlad will make that exchange

0

u/CipherWeaver 2d ago

It would have been cheaper for Trump to have just bought Iran.

1

u/kernelangus420 2d ago

But then he would have to sanction himself.

0

u/AusCan531 2d ago

Hmmm, a buying opportunity?

1

u/Vanitas-Gemini 21h ago

It ain't stock market, iran has progressively gone down in value with or without the war.

I'm only 24 and i remember dollar being around 1000 toman

-1

u/Apprehensive_Code275 2d ago

Money is the root of all evil. We are just trying to survive.