[13116] in Cypherpunks

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Re: The Value of Money

daemon@ATHENA.MIT.EDU (f_griffith@ccsvax.sfasu.edu)
Thu May 5 11:35:35 1994

Date: Thu, 5 May 94 08:26:35 PDT
To: cypherpunks@toad.com
From: f_griffith@ccsvax.sfasu.edu

>>Unless of course you have a $ bill that is a specie note.  I have a few ten
>>dollar bills that state that they are redeemable for specie.
>
>You'll have much better luck taking them to a numismatist than to Fort
>Knox.  Specie notes are, to the best of my knowledge, no longer redeemable
>in specie.
>
>--
>Lefty (lefty@apple.com)
>C:.M:.C:., D:.O:.D:.


Right!  All redemption promises were repudiated.  Gold in 1933, silver
somewhat later.


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