18-01-2011, 04:40 AM
(18-01-2011, 01:54 AM)Drumm Wrote: Money is a promise to pay a value in gold. The Chinese came up with the idea I believe. In the UK if you read a note it reads:
Quote:Bank Of England
I promise to pay the bearer on demand the sum of
xxx Pounds
So you may visit the Bank of England and they MUST issue you with gold in return for your note.
Try it.
258
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