Tuesday, February 12, 2013

Once upon a time there was such a thing as Real Money

Yes Virginia, once upon a time there was such a thing as "real money". People would transact in gold in silver coins who's weight and fineness were strictly controlled. They would keep them in their pockets, waistcoats and purses. They exchanged them endlessly for non-GM organic foods and hand made goods and in turn received them in for their labour. Alas such times are only a distant memory for even the oldest amongst us, as such items of golden beauty were taken from general circulation in 1931 in exchange for filthy paper. As a result the world has been searching for a constant measure of value ever since.

Australian, South African and British Sovereigns

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