From CNBC (via www.coinflation.com), we have this latest idjit gem:
http://www.cnbc.com/id/44789467
I guess these buffoons never found out about the various European and South American currency reforms of the 19th and 20th century, in which old coins either became worthless or else circulated at less than face value (as in the case of France's currency reform of 1959, in which the old coinage continued to circulate for some time, but only at 1/100 of its previous value. They also forget that, in places like Zimbabwe where hyperinflation runs amok, the old coinage simply ceases to circulate. They are also overlooking the issue of storing all these coins and protecting them against theft or loss.
I guess, though, that when "paranoia strikes deep", inconvenient facts are the first to be tossed aside.
Not dinars, but nickels
Moderator: Deep Knight
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Not dinars, but nickels
"We've been attacked by the intelligent, educated segment of the culture." -- Pastor Ray Mummert, Dover, PA, during an attempt to introduce creationism -- er, "intelligent design", into the Dover Public Schools
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Re: Not dinars, but nickels
Or, more simply put, stupidity is its own reward.
The fact that you sincerely and wholeheartedly believe that the “Law of Gravity” is unconstitutional and a violation of your sovereign rights, does not absolve you of adherence to it.