Simple Cool Automatic Money = hilarious and a LOT of fun, and he was funny too. Cool guy inventing cool, automatic money.
My Complicated Uncool US$ Money = very unfunny and losing ground fast against all other units of value. Americans are going down the gurgler even while they think they are world champions. The measure of the USA is the US$.
Similarly, in 1900 the measure of the mighty and glorious British Empire was the Pound Sterling. As the mighty pound turned to pennies, with one pound now worth about one penny then, but not such an impressive physical coin, the British Empire faded, fizzled, was overrun, invaded and lost. An Islamic Jihadist now rules Londonistan for example.
A one pound note is a worshipful memory to me. Even in the 1960s I earned one pound a week, working from 6am to 7am, 6 days a week, delivering newspapers in rain, ice, wind and darkness while nearly everyone slept. Now a pound will not buy even a nice cup of tea at a cafe. Nor even a newspaper. It is still worth picking one up from a footpath, but not worth picking up a penny which doesn't exist.
Aotearoa-Zimbabwe smallest value coin is now 10c which is at last gasp before being demonetized. A shilling (10c now) was once an admirable unit of value for which one would work half sn hour. As s young adult I loaded hay into barns from paddocks for 1c per bale.
Aotearoa-Zimbabwe is a lost cause, being overrun by Made in China VVV.
USA is rapidly going down the gurgler too. Going broke is bad news. Sometimes countries can vote themselves better. But the trends are bad. NZ, UK for example in the early 1980s voted for VVV. But not these days. (Except that UK like Taiwan and Hong Kong voted to escape kleptocratic totalitarians = BREXIT)
Monetary mania is the main event at present. SCAMcoin is a great example.
The fact he was so successful shows what people think of the Federal Reserve and other government swindling thieving incompetent dishonest kleptocrats.
Mqurice |