FIAT Money - Memories from the Bank Vault #4 - China - 20 Yuan Note
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1 - Warren Buffett
This is the 4th post of the Memories from the Bank Vault series.
Previously I posted about the People's Republic of China's Yuan the Hong Kong's Dollar and the Euro.
Below you can find front and back images of People's Republic of China 20 Yuan note.
People's Republic of China - 20 Yuan Banknote - Front
The front of this banknotes shows a portrait of Mao Zedong, China's revolutionary leader. The back of the 20 Yuan bill depicts a scene on the Lijiang River, in South China.
People's Republic of China - 20 Yuan Banknote - Back
This banknote was issued from 1999. The paper denominations are 100, 50, 20, 10, 5, 1 yuan; 5, 2 and 1 jiao; and 5, 2 and 1 fen.
I like you colection bro is so beautifoul
thanks pal! Stay tuned, there is a new episode in few minutes :)
That amazing, old fiat is always memorable.
yes, I think some banknotes have very nice design and they inspire me to achieve my goals :)
Yes they do:)
The Yuan looks a lot like the Euro. At least in design.
true! At least you can scan Yuan with a normal pc scanner while you can't with Euro because of the security protections
Hi dear sir
In my view sir CHINA is great country in the world.all sector affected by CHINA.China is not wasted any product and it has make 'WASTE PRODUCT IN BEST'. in your article Warran buffet truth is very very very right
thanks for reading my post! I was there a few times and I confirm what you wrote...what's your opinion about India? I think there is a lot of potential there too
You have right sir in our country (India) is world fastest growing country because our prime minister is NARENDRA MODI
China is one of the oldest civilizations in the existence of the world for that reason it learned to appreciate every resource that it can count on, the effect of transformation in the way of thinking of its inhabitants due to the wars that have had to go through consequences of different causes gives them the stimulus to overcome any obstacle, to such a degree of becoming today the first economy in the world, the Chinese vision of the world is very skillful management, greatness and dominance is in the permanent constancy of a struggle for their goals and projects and CHINA HAS ACHIEVED.
I'm one who loves the musings of Buffett. It's difficult to not listen to someone who was gifted with the trading yen as a young kid. Clearly, he's not batted 100% out the park; and, has missed a few cracks at the bat; but, your post reminds me that the worse thing one can do is not fail at Rule #1; but, to FORGET that they lost, and fail to apply Rule #2.
This reply prolly makes zero sense; but, I hope you get it. In a nutshell, it's okay to lose; but, not learning from your loss, and repeating the error, is an issue.
Peace.
in other words: "Errare humanum est, perseverare autem diabolicum" :) thanks for reading my post!
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