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To: justshutupandtakeit
There is no other currency than "fiat" never has been and cannot be since who could carry around enough gold to pay for a car or house. In fact, just carrying around enough to do business on a daily basis would be near impossible and horribly inefficent if possible.

A car is only 63 ounces of gold. The daily business could be done with a few ounces of silver.

180 posted on 07/24/2002 3:19:51 PM PDT by #3Fan
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To: #3Fan
Just a few ounces of silver huh. Do yourself a favor, put $5 worth of quarters in your pocket and carry that around for a day. Then comeback and tell me how convenient that is compared to nice folding money. Sorry no matter how you slice it coins suck, there's a reason why the paper dollar keeps crushing metal dollars in the court of public opinions.
182 posted on 07/24/2002 3:30:03 PM PDT by discostu
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