Re: TI-H: Re: y2k


[Prev][Next][Index][Thread]

Re: TI-H: Re: y2k




The US penny was pure copper until a few decades ago, when the price of
that copper exceeded a penny..  Now it is some alloy...

-Adam

Markus Räty wrote:
> 
> > What would that solve? We're no longer on the Gold standard, so our
> > money isn't really worth anything at all. Paper money costs fractions of
> > a cent to make, so it's value is negligible, and our metal coins are now
> > made from  cheap metals(not gold or silver), so they have little value.
> > Our money is based on trust now, and if that trust dies, we're all
> > screwed. Time to get some solid assets.
> 
> I've always wondered why on earth does the finnish government still make 10p
> coins. The metal for the 10p coin is actually worth 17p and no one even
> likes to use such a small coin. So actually, if you'd like to make some
> money, you could change your money to 10p coins, melt them and sell them as
> metal. :)
> 
>         Markus Räty
> (markus.raty@usa.net)


References: