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/biz/ - Business & Finance

File: 125 KB, 1000x469, 500000-italian-lire-banknote-raphael-obverse.jpg [View same] [iqdb] [saucenao] [google]

Italy’s Mafia Uses the Italian Lira as Its Own Parallel Currency Anonymous Tue Aug 6 08:55:37 2019 No.15136178 [Reply] [Original]

Explain this shit.

>A senior police officer revealed this week that Italian criminal organizations are still using the pre-euro Italian lira for illicit transactions.

>“We still discover big amounts of liras,” Giuseppe Arbore, a deputy in the Guardia di Finanza, which investigates financial crimes, said at a parliamentary hearing on Thursday. “Italian liras still constitute parts of illicit transactions.’’

>The lira ceased to be legal tender at the end of February 2002. It’s not clear how the former notes are ultimately exchanged for euros, if at all. Under current legislation, it’s not possible to convert lira, and the Bank of Italy years ago transferred the equivalent value of the currency still in circulation to the state, around 1.2 billion euros, according to the central bank’s website.

https://www.bloomberg.com/news/articles/2019-06-15/italy-s-mafia-uses-the-old-lira-as-its-own-parallel-currency

>>	Anonymous Tue Aug 6 09:04:46 2019 No.15136268 >>15136178 Italy will go back to the lira as soon they leave the Eurozone. The Mafia just has an edge over everybody with stacking Lira.

>>

Anonymous Tue Aug 6 09:27:06 2019 No.15136477

>>15136178
It obviously represents a share of some commodity that is too much of a hassle to move around, so they use these for convenience. I don't know how they would differentiate between these bills and the ones old people probably still have under their couch cushions though.

The officer says they only find very large amounts, so maybe this "mafia crypto" has a very high rate of inflation to prevent anybody from cheating them with pocket change?

It's very interesting, though.

>>	Anonymous Tue Aug 6 09:31:01 2019 No.15136527 >>15136178 it's like a mafia coupon, what's so hard to understand?

>>	Anonymous Tue Aug 6 09:32:17 2019 No.15136538 >>15136178 it's literally Tether: Mafia Edition.

>>	Anonymous Tue Aug 6 09:33:23 2019 No.15136548 >>15136477 Serial numbers

>>	Anonymous Tue Aug 6 09:35:11 2019 No.15136575 File: 11 KB, 470x454, 1539837116039.png [View same] [iqdb] [saucenao] [google] >>15136548 true

>>	Anonymous Tue Aug 6 09:44:53 2019 No.15136680 File: 36 KB, 600x400, shadow economy as percentage of GDP.jpg [View same] [iqdb] [saucenao] [google] >>15136178 black money (aka black market money) /thread

>>	Anonymous Tue Aug 6 09:45:43 2019 No.15136690 >>15136178 That sounds pretty based

>>	Anonymous Tue Aug 6 10:26:09 2019 No.15137172 >>15136178 Bump

>>	Anonymous Tue Aug 6 10:28:19 2019 No.15137198 >>15136178 Probably they had a big amount of hidden money they can't change at the time italy switched to euro, so they still use it now.

>>	Anonymous Tue Aug 6 10:30:55 2019 No.15137227 >>15137198 this is the answer.

>>	Anonymous Tue Aug 6 10:41:34 2019 No.15137354 >>15136178 wow it works as money when they stop printing more of it. my dad bought a car for 20000 lire in the early 80s, in the late 90s he got 4 packs of cigarettes.

>>	Anonymous Tue Aug 6 10:46:53 2019 No.15137422 >>15136680 FUCK YOU I AM COLORBLIND COULDN'T THEY JUST PUT THE NAME OF COUNTRY THE BARS?

>>

Anonymous Tue Aug 6 10:56:31 2019 No.15137554
File: 13 KB, 324x156, types of color blindness.jpg [View same] [iqdb] [saucenao] [google]

>>15137422
france is top (11%)
germany is next, at (13.7%)
greece third at 24.3%
italy fourth down at 21.2%
Portugal at 19.4%
then spain at 19.2% (iberia may aswell merge at this point huh?)
then usa at the bottom with 7%

that must suck, my grandpa had deuteranopia, and my brother in law has deuteranomaly

>i managed to avoid that, but eyesight is shit so i only get 20/30 vision with contacts or glasses on)

>>	Anonymous Tue Aug 6 11:02:11 2019 No.15137637 File: 105 KB, 746x512, pepe-transparent-hug-1.png [View same] [iqdb] [saucenao] [google] >>15137554 thank you anon

>>	Anonymous Tue Aug 6 11:07:45 2019 No.15137707 >>15137554 >aka 'the bars are in the same order as the list. Actually'

>>	Anonymous Tue Aug 6 11:26:00 2019 No.15137938 >>15136680 from top to bottom France Germany Greece Italy Portugal Spain US I wanted to be an edgelord and tell you which country is which color but you're welcome anon

>>	Anonymous Tue Aug 6 11:33:32 2019 No.15138033 >>15137422 how does it feel to know that God hates you? imagine being disabled lmao

>>	Anonymous Tue Aug 6 12:44:45 2019 No.15138915 >>15137554 >archromotopsia God fucking damn, that is suicide tier. Imagine never seeing color, imagine not even knowing what it is. Dueteranopia is also really bad. You've only got 2 colors there. Imagine seeing grass as fucking yellow.

>>	Anonymous Tue Aug 6 12:55:43 2019 No.15139026 >>15138915 All mammals can see only one or too colors, they live fine.

>>	Anonymous Tue Aug 6 12:57:08 2019 No.15139047 There were those sunglasses to see colours, did you try?

>>	Anonymous Tue Aug 6 13:22:46 2019 No.15139358 >>15136680 Oh my goood people engaging in free comerce between individuals without the state getting an undeserved cut? Thats terrible, we need to stop this!