You know we already abandoned cash as a society right?
The last time we had genuine "cash" was when our notes didn't say "This is legal tender for all debts, public and private".
You trade papers that establish your debt to someone else. This is literally saying "when we finally have a valued currency again, I owe you some actual money."
Those papers are literal IOUs.
You enjoy playing around with literal monopoly money?
You know we already abandoned cash as a society right?
The last time we had genuine "cash" was when our notes didn't say "This is legal tender for all debts, public and private".
You trade papers that establish your debt to someone else. This is literally saying "when we finally have a valued currency again, I owe you some actual money."
Those papers are literal IOUs.
You enjoy playing around with literal monopoly money?
(post is archived)