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Need good name for fdr/paper money/paper

Need good name for fdr/paper money/paper

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ricarpe replied on Mon, Aug 10 2009 3:41 PM

At the risk of being cynical, I would have to call it scrip.

And as much as I do not like quoting Wikipedia as a source, it was the best I had at the time of this reply.

"All men having power ought to be distrusted to a certain degree." -James Madison

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scineram replied on Mon, Aug 10 2009 3:43 PM

No, the Friedman would be fiat money.

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nirgrahamUK replied on Mon, Aug 10 2009 3:44 PM

do you have sources for this claim?

Where there is no property there is no justice; a proposition as certain as any demonstration in Euclid

Fools! not to see that what they madly desire would be a calamity to them as no hands but their own could bring

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scineram replied on Mon, Aug 10 2009 3:55 PM

You said it is a claim for nothing.

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nirgrahamUK replied on Mon, Aug 10 2009 4:08 PM

im asking for a source to your strict equivalence between fiat money and nothingness

Where there is no property there is no justice; a proposition as certain as any demonstration in Euclid

Fools! not to see that what they madly desire would be a calamity to them as no hands but their own could bring

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Juan replied on Mon, Aug 10 2009 4:37 PM
No, the Friedman would be fiat money.
Fiat money is paper that has 'value' because of government fiat. So the Friedman would not be fiat money - unless Mr. Friedman is a monarch who forces his subjects to use his notes.

February 17 - 1600 - Giordano Bruno is burnt alive by the catholic church.
Aquinas : "much more reason is there for heretics, as soon as they are convicted of heresy, to be not only excommunicated but even put to death."

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ama gi replied on Mon, Aug 10 2009 6:55 PM

Conza88:

fsk:

I call them "slave points".

Still laughing lol..

I would call them Happy Points.  Useless pieces of paper, but somehow it makes people happy when they get them.

 

"As long as there are sovereign nations possessing great power, war is inevitable."

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