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To: count-your-change

——The only further debasement of the currency possible is to reduce the physical size of a dollar bill to the size of a postage stamp.———

The size of the bill is irrelevant. all money today is actually entries on electronic ledgers. The bills are but physical representation s of those ledger entries.

The single zap to make an entry can represent a single $ or a trillion $$’s but itself is infinitely small


91 posted on 07/15/2011 4:30:27 PM PDT by bert (K.E. N.P. +12 ....Flash mobs are trickle down leftwing REDISTRIBUTION))
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To: bert

I thought folks might see the sarcasm.


96 posted on 07/15/2011 6:10:26 PM PDT by count-your-change (You don't have be brilliant, not being stupid is enough.)
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To: bert
The size of the bill is irrelevant. all money today is actually entries on electronic ledgers. The bills are but physical representation s of those ledger entries.

I was just noticing that my bank has stopped providing the shot-down images of my checks. Now I have zero protection against check-kiting rings.

I have pointed out (uselessly) to my damned banker that electronic ledger-entries are not protectable against modern cybercrime -- I was told to quit banking online seven years ago, the 128-bit key was already coming into question -- and that an electron stream is far, far too tenuous and insubstantial a thread by which to hold and manage real wealth.

Give me florins and thalers, ducats and gold bezants any day.

100 posted on 07/15/2011 11:31:16 PM PDT by lentulusgracchus (Concealed carry is a pro-life position.)
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