And what country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? Let them take arms. The remedy is to set them right as to facts, pardon and pacify them. What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
Monday, September 27, 2021
What our money should look like. -- The Education Series
Paper and metal currency are merely the tangible mediums of barter. Eye appeal enhances the medium’s esthetic value, but adds nothing to its intrinsic worth. Scrooge Mcduck didn't care what his money vault contents looked like or could buy him. It was simply the quanity which enabled him to swim through his millions that gave him his substantive pleasure.
"Gold is money, nothing else".
ReplyDeleteThis is currency.
Back in the day you could exchange any of these Silver Certificates for that much silver.
Deletepaper doesn't require pockets to be darned every 6 months or so
DeletePaper and metal currency are merely the tangible mediums of barter. Eye appeal enhances the medium’s esthetic value, but adds nothing to its intrinsic worth. Scrooge Mcduck didn't care what his money vault contents looked like or could buy him. It was simply the quanity which enabled him to swim through his millions that gave him his substantive pleasure.
ReplyDeletealways wondered why my granddad was so careful about putting his paper notes in his wallets
ReplyDelete