Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (27833)	12/14/2006 9:09:29 PM
From: E. Charters	Read Replies (1) of 78419

Marcos and I have had this war before. It is troubling. I think he is associated with a group of retail bandits who intend to make a fortune off charging customers tax on 1.05, while secretly paying gov tax on 1.03 for a lot of stuff. It is hard to get rid of unitary systems. What does it really change? How do you make a five a one? To consolidate coinage, whilst it is desirable to get rid of low end coins that are too fine grained for today's value, it is hard to replace them with new units without changing the nature of our system. If we make the five cent piece a new one unit coin, and eliminate the toonie, to make the five dollar bill a unitary bill, what do we say it contains in currency? We would have to have a whole new valuation scheme. In other words at some period every price would be divided by 5 and the money system would be changed. For a time the old currency would be carried but we would need 5 times as much of it to pay the new prices, which of course evens out as they would be divided by 5. For a time there would be newcurr and oldcurr prices posted. EC<:-}

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