Quote:
Originally Posted by Letum
Money has been detached from value since coins first became inflated over the
value of the metal they where made from. That happened a very long time ago.
Besides, the vast majority of liquid funds are debt promises, rather than physical
coins and/or notes. The total amount of money in any country is far greater than
the amount of physical money.
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Thanks for the explanation, but I knew that already. I saw 'Debt As Money' too. Was just trying to be funny.