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Fifty Years of Debasing Money
WSJ ^ | July 21, 2015 | Seth Lipsky

Posted on 07/21/2015 10:13:21 PM PDT by george76

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To: george76

T think that the U.S. should stop making pennies. Pennies have become so worthless that they are simply obnoxious, round pieces of zinc.


41 posted on 07/23/2015 4:04:18 AM PDT by Tolerance Sucks Rocks (Cancer-free since 1988! US out of UN! UN out of US!)
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To: faithhopecharity
Fiat money has NEVER ended well, anywhere in human history.

"It's different this time." Yes, there are people who actually believe that.

42 posted on 07/23/2015 4:22:20 AM PDT by Stentor ("The best lack all conviction, while the worst are full of passionate intensity.")
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To: Tolerance Sucks Rocks

After 1837, all dimes were exactly 90 percent silver and 10 percent copper. Starting in 1964, they contained an inner core of 100 percent copper with two outer layers of 75 percent copper and 25 percent nickel...

http://www.2020site.org/coins/what-is-a-dime-made-of.html


43 posted on 07/23/2015 7:02:07 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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