1994-05-05 - Re: The Value of Money

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From: f_griffith@ccsvax.sfasu.edu
To: cypherpunks@toad.com
Message Hash: 2345010d761b97ee409dc24bc6c5433ecfa10f1ff27432c9f5f1d498ea26a188
Message ID: <9405051526.AA20554@toad.com>
Reply To: N/A
UTC Datetime: 1994-05-05 15:26:40 UTC
Raw Date: Thu, 5 May 94 08:26:40 PDT

Raw message

From: f_griffith@ccsvax.sfasu.edu
Date: Thu, 5 May 94 08:26:40 PDT
To: cypherpunks@toad.com
Subject: Re: The Value of Money
Message-ID: <9405051526.AA20554@toad.com>
MIME-Version: 1.0
Content-Type: text/plain

>>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.