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Comment count is 27
Hugo Gorilla - 2011-05-29

That wasn't the tip, right? I mean, they left real money and that was just included because to do otherwise is a real dick move.


CrimsonHyperSloth - 2011-05-29

Seeing it's not actual currency no law says she can't melt that down for the copper and sell that. Worth more by far, frankly, tissue paper full of snot has more value then anything Tea Party related.


owl awl - 2011-05-29

It might be worth something someday to people who collect weird political memorabilia.


sosage - 2011-05-29

I'd expect that to be a prop in a movie whose entire premise is to make fun of the Tea Party movement, from the year 2278...entire centuries removed from whatever shitty consequences we would face with them gaining power. Probably written by Robot Mel Brooks.


catpenis27 - 2011-05-29

It'd be like Terminator in my mind. "In a world... where idiots were voted into office by average Americans... There exists... no common sense or actual currency." It starts out with a dirty poor white kid that digs up a history textbook from 1997 and reads it. Then some weird power struggle with his parents and lots of lasers shooting right through people.


urbanelf - 2011-05-29

1 oz. of copper is currently worth ##CONTENT##.26


themilkshark - 2011-05-29

lol


oddeye - 2011-05-29

I love copper and every alloy containing it.


Just saying.


themilkshark - 2011-05-29

Well I'm sure you can afford a lot of it.


catpenis27 - 2011-05-29

Bronze bearings are some weird shit. They leak out this weird oil when they get hot.


memedumpster - 2011-05-29

Redeemable for spit-cumload in food with next visit.


charmlessman - 2011-05-29

A WHEAT PENNY? Why, those are NEVER found everywhere you look all the time!


Spastic Avenger - 2011-05-29

I'm sure in ten years the paranumismatic/exonumia circuits will be buzzing over the Liberty Dollar. The seignorage on that huge copper coin is still too high for it to be considered anything more than a token/fiat currency, and I assume the whole point of making it was a return to specie.


Nikon - 2011-05-29

http://en.wikipedia.org/wiki/Liberty_Dollar


oddeye - 2011-05-29

I don't understand why people have a problem with currency that isn't backed up by bars of gold. I am no expert in economics and I'm sticking my neck out here and asking to be served like a little bitch but why would I want the dollar value of my car and house to be linked to how much gold they dig up this year in South Africa?


minimalist - 2011-05-29

Gold is easier to conceptualize than monetary policy and these fuckers are lazy.

And they long for a golden age of America that never existed.

This also applies to everything else teabaggers believe.


Robin Kestrel - 2011-05-29

^


glasseye - 2011-05-30

^^


craptacular - 2011-05-30

^^^


Spastic Avenger - 2011-05-30

Would you like the boring answer or the very boring answer?


FABIO - 2011-05-30

It's shiny and you can see it.


charmlessman - 2011-05-30

^ FABIO


oddeye - 2011-05-30

Give me the "Aside from the fact that it's GOLD!!! SWEET SWEET GOLD!!" boring answer that I can use whenever someone says the gold standard must be returned to.


Sivak - 2011-05-30

One thing I've always wondered about the gold standard:

What's the difference between money being backed by the agreed-upon value of a piece of paper,

vs the agreed upon value of the shiny rocks?

And another thing, does gold have some inherent property that makes it valuable other than 'ohh shiney'? Rarity? Why not back it with diamonds, or platinum? Or uranium?

On a separate note, could you back currency with energy output? Or labor hours?


SteamPoweredKleenex - 2011-05-31

Gold was useful because it didn't tarnish and could be melted down over and over without any loss of materials or value (aside from artistic/antique, perhaps).

Diamonds aren't all that rare, technically, and they can't be sub-divided into handy monetary amounts or combined to make larger units. Platinum required melting temps far too high for most of human civilization to master; I'm not sure how D&D claims it's done (maybe by magic, I guess). Uranium's value wasn't known about until recently, and I don't think I'd want to carry around a radioactive coin. Plus it decays over time.

There are any number of ways you can back a currency, but gold has quite a few problems in that its value can fluctuate wildly, it can't really be used to manage an economy's highs and lows the way a fiat currency can, and someone (or other countries) can screw with your monetary system by buying up or selling lots of gold. Plus, if things ever got as bad as the gold-nuts think they will, gold won't be the basic unit of exchange: Canned goods and bullets (traded or fired) will be.


oddeye - 2011-05-31

Don't forget pussy.


Spastic Avenger - 2012-02-18

gold also has a commodity value outside its currency value, meaning that application involving gold will be a huge influence on the value of gold as the medium of exchange.


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