A currency question
POSTED BY: Guywhowantsafireflyofhisown
UPDATED: Sunday, August 13, 2023 22:18
VIEWED: 4089
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who else thinks the the current U.S dollar is inferior to coins made out of precious metals?
http://www.albinoblacksheep.com/flash/llama.php
-try it out, I dare you
98% of teens have smoked pot, if you are one of the 2% that haven't, copy this into your signature
I'm so into Firefly, my butt glows in the dark.
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Any paper currency is inferior to precious metal coins. It is only as good as the government that backs it up, and these days the U.S. is highly suspect in that regard.
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they back the dollar with debt
http://www.albinoblacksheep.com/flash/llama.php
-try it out, I dare you
98% of teens have smoked pot, if you are one of the 2% that haven't, copy this into your signature
I'm so into Firefly, my butt glows in the dark.
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In ye olde days, the paper dollar was able to be traded for an equivlant amount of either gold or silver. But this was abolished after WWII when European nation, flush with Marshall Plan dollars, began to trade dollars for gold which put the US in danger of having its gold reserves depleted. Thus I do not belive that a paper currency should be redeem able for gold or other precious metals, but I do agree that no nation should be allowed to have more paper currency than is currently equivilant in its gold reserves. But ultimately currency in any form is entirely dependant on society accepting it as valuable for exchange. If a society does not consider gold as valuable for exchange for goods or services than it is worth less. For a few intersesting insights into the nature of currency, I recomend reading Issac Asimov's Foundation, just the first book, not the series although they all are good.
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I personaly think that the whole world should go back to coins
http://www.albinoblacksheep.com/flash/llama.php
-try it out, I dare you
98% of teens have smoked pot, if you are one of the 2% that haven't, copy this into your signature
I'm so into Firefly, my butt glows in the dark.
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No one is going to go back to coins because inflation is too bad. Can you imagine how heavy a bag would get if you only had coin money in this day and age? And forget even carrying a wallet.
When all money was made from precious metal, a little got you a lot. A dollar was worth a whole lot, now a dollar gets you next to nothing.
I love coins. Love and adore them. Not just for their actual value but their aesthetic value. But I have to admit that paper money is easier to carry around. Not saying that makes it better, and it would be fine to use coins if a dollar was still worth a lot, but the fact is that it's just not, and even ten dollar coins can get pretty heavy you carry them around too long.
And if you have some little coin be worth $100 in silver, that defeats the purpose of actually using silver to make money out of. $100 worth of silver couldn't be made into any small coin.
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I'm aware of that, but I was just stating an opinion
http://www.albinoblacksheep.com/flash/llama.php
-try it out, I dare you
98% of teens have smoked pot, if you are one of the 2% that haven't, copy this into your signature
I'm so into Firefly, my butt glows in the dark.
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Both paper and coin are now obsolete. It's all about the electronic transfer of funds now. It's real easy to carry around a plastic card. Just don't forget your pin.
De-lurking to stir stuff up.
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I miss pound coins. Mostly I miss dumping the change from my purse and finding the reason it was so gorram heavy was that I had 40 pound sterling in pound coins!
Just ain't the same with quarters!
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Ah, you have hit upon one of my collecting obsessions. I love coins of all sorts, and have been collecting them from all over the world since I was about ten. I was a little depressed when the EU came into power...one type of money for several countries. I have a question for my European Browncoats...can you still get/use the original coin of your realm? The last time I was actually in Europe was 2000, in France, before the switch to Euros happened.
But to the original question...I prefer the American dollar, also for aesthetic reasons. There is so much more room on a bill to put all sorts of symbols and tiny pieces of art. If you take a moment to look at a dollar bill, it is quite pretty.
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