Thursday, April 14, 2011
Money money money muney
A guy decides to mint his own tender thinking that U.S. money is worth little to nothing. You've heard all this before with the fringe elements of the right wing. You haven't? Just pop over to Idaho because they must have too much time on there hands there. They think up crazy stuff. Wonder if it's something in the water that makes them that way? Probably the years of mine run off but that's another story. At any rate this Von whatever his name is thinks that he's going to start making his own currency because he thinks the banks paper is worthless. The feds have other ideas about his operation and shut him down. Liberty dollars If the guy was rich enough ($7 million worth) to make coins he sure wasn't smart enough to call them artwork and sell them as such with a 5, 10, 20 or 50 marked on them without saying they were some type of currency (wink wink nod nod). And why try to make them look like American currency of the past? He could have made a commemorative type coin honoring a few presidents as artwork not legal tender (wink wink nod nod). The only problem he'd have in promoting such coinage would be their acceptance. If that were the only currency a town accepted then the plan might work much like the script workers were paid in to work the mines of the 1890's. They could only use the script for the company store. I've heard similar script was used by the U.S. military during the Korean War. I can't off hand think of why this was used other than it would be difficult to move that much cash overseas during a war. Not like today where we can take and lose pallets of greenbacks in Iraq that mysteriously disappeared.
Oh well it's only money.
I have more but the old clock on the wall is telling me it's time to prepare for work to make more of those funny green paper things we trade for food and the like.