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MANCHESTER, N.H. - A New Hampshire man says he swiped his debit card at a gas station to buy a pack of cigarettes and was charged over 23 quadrillion dollars.

http://www.masslive.com/news/index.ssf/ ... _23_q.html

I love one of the comments on the article:

"The new federal cigarette tax must of kicked in."

Cadet57 wrote:

MANCHESTER, N.H. - A New Hampshire man says he swiped his debit card at a gas station to buy a pack of cigarettes and was charged over 23 quadrillion dollars.

http://www.masslive.com/news/index.ssf/ ... _23_q.html

I love one of the comments on the article:

"The new federal cigarette tax must of kicked in."

Given the economic policies of the current President and Congress, it probably won't be long until a pack of cigarettes really does cost that much...

Considering that's 23,000 times a Trillion Dollars, does that much money even exist in all forms of currency?

KFLLCFII wrote:Considering that's 23,000 times a Trillion Dollars, does that much money even exist in all forms of currency?

If not, it will soon at the rate our Treasury is printing cash.

So, I gotta ask . . . how the hell did his credit card get a approved for that high a limit!?!

ANCFlyer wrote:So, I gotta ask . . . how the hell did his credit card get a approved for that high a limit!?!

It was a debit card...

Bank of America directed questions to the card issuer, Visa, and Visa directed them back to BofA...

In other news, Bank of America charged the man an overdraft fee , for which they are going to get crucified in the media.

The GDP of the whole world in 2008 was $60,689,812,000,000. The current money supply (M2, as of May 2009) in the United States is $8,344.8 bn. So, yes, that amount of debt is several orders of magnitude larger than the total amount of U.S. Dollars in circulation, and even larger than the total amount of money exchanged throughout the world last year. Sounds like the bank might just have screwed up here...

da man wrote:In other news, Bank of America charged the man an overdraft fee , for which they are going to get crucified in the media.

{faint}

Yup, they've had it.

Bank of America wasn't the only bank to do this. Wachovia also had a customer with this issue.

This man had a $23 quadrillion meal in Dallas: http://www.firstcoastnews.com/news/spot ... &catid=142

From the article:

A temporary programming error affecting a small number of Visa prepaid accounts, according to a spokesperson for the credit card company.

A teenager spent $23 quadrillion at a drugstore: http://consumerist.com/5314246/unruly-t ... -drugstore

Mastercard anyone?

Looks to me like there's a glitch that is putting the debit card number in the monetary value field. There seem to be several instances of people being charged 16 or 17 digit sums in error - most debit cards are 16 or 17 digits long. My wife works in credit card fraud and says it's a common occurence with manually inputted cards and can also happen when chip & pin card machines have been tampered with (i.e. to transmit card information and PIN codes, as was happening at Shell stations in the UK recently).

JLAmber wrote:Looks to me like there's a glitch that is putting the debit card number in the monetary value field. There seem to be several instances of people being charged 16 or 17 digit sums in error - most debit cards are 16 or 17 digits long. My wife works in credit card fraud and says it's a common occurence with manually inputted cards and can also happen when chip & pin card machines have been tampered with (i.e. to transmit card information and PIN codes, as was happening at Shell stations in the UK recently).

Doesn't absolve the idiots at the bank of charging an "over limit fee". That's simply absurd. Really. Doesn't it raise the when a computer 'sees' a charge for $23,000,000,000,000,000 (how many zeros anyway?) and alert some HUMAN to have a look?

ANCFlyer wrote: $23,000,000,000,000,000 (how many zeros anyway?) and alert some HUMAN to have a look?

Hmm..... could a chimp try to answer ??!! ....

The US version of 23 Quadrillion would be a 23 with 15 zeros while the "English" version would be a 23 with 24 zeros, or so I have read at the way cool site linked to below

http://www.math.com/tables/general/numnotation.htm

IHAP