Just heard on CNBC that four pennies are worth more than a nickel. A nickel is apparently also worth more than a nickel.
Physically worth more, that is. What happens when the material your money is made out of is more valued than the money it represents? I guess we get to find out.
Craaaaazy.
Brian
Thu 11 May 2006, 1:41 PM
That’s why they switched from solid copper pennies back in 1983 or 4 or whatsit. I guess we’ve come around to that point again.
Maybe we should start making our pennies out of aluminum. (That seems familiar for some reason…) Or iron, which I believe is our most plentiful metal? At any rate, it’s only a matter of time before we have to give into inflation and boot small coin currency altogether. Or switch to New Dollars, like New Coke.
Brent
Thu 11 May 2006, 2:34 PM
I’ve always been partial to double-dollars ($$), myself. And, yes, aluminum certainly does seem familiar; I think I might have some aluminum coinage somewhere…
Level 89 Seducing Man
Mon 15 May 2006, 12:15 PM
Wtf is a double dollar?
Brent
Mon 15 May 2006, 5:02 PM
A double-dollar is the unit of currency in the post-apocalyptic world of Trigun. Though I’m not sure what the conversion factor is, I know that Vash the Stampede has a bounty of $$60,000,000,000 on his head — and that everyone agrees that that’s a lot of money.
Um… practically speaking, though, if we have to jump to a new currency standard… isn’t typing two “$”s so much easier than coming up with some crappy “N$” abbreviation?