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Funny money
Message
From
20/03/2009 14:54:54
 
 
To
20/03/2009 14:47:35
General information
Forum:
Finances
Category:
Other
Title:
Miscellaneous
Thread ID:
01389874
Message ID:
01390116
Views:
56
>>>>>>>>http://www.iht.com/articles/2009/03/18/business/fed.php
>>>>>>>>
>>>>>>>>"...a tactic that amounts to creating vast new sums of money out of thin air."
>>>>>>>>
>>>>>>>>how much more money can we print?
>>>>>>>
>>>>>>>Depends on how much would Disney Corp charge for image of Mickey Mouse on the $2384 bill (hey, got to adjust for inflation!).
>>>>>>>
>>>>>>>They're printing funny money ever since they declared that gold base isn't needed anymore. BTW, what happened with the Fort Knox gold - who was the last guy to see it? The crew of Goldfinger?
>>>>>>
>>>>>>Why isn't the U.S. receiving payment for the use of the term 'dollar' to denote the standard currency? We had it first. Seems like a copyright issue to me...hey maybe we can pay off the debt! :o) Oh wait a minute, 'dollar' existed in Scotland and even England before that so perhaps they would end up with the monies....hmmmm, better scratch that idea..... :o)
>>>>>
>>>>>The name dollar is derived from the dutch "Daalder" which was a dutch coin. So I guess the dutch hold the copyright :) You can send the payments for the use of the word dollar to my personal bank account :) ?
>>>>
>>>>During a visit to Innsbruck in Austria some years ago I was told that the word Dollar was derived from the german word Thal which means valley. In the old days people had to pay a tax or a toll to pass the valley in which Innsbruck is. What they had to pay was called a Thal Steuer or something like that. This Thal Steuer was quickly shortened into Thaler.
>>>
>>>Thaler got the name from Joachim Thal in Bohemia where first silver coinage started in 15th century.
>>>Disclosure: I cannot verify it in Wikipedia right now.
>>
>>According to Wikipedia the name is from a mine in Joachimsthal, but I don't think anyone is 100% sure about the origin. So I guess everyone wants some credit (pun intended).
>
>So the name is right, sorry for wrong spelling translation. It is in Bohemia. First coins were called Joachimthalers, later Western Europe knew them as thalers and Eastern- joachims. I believe the latter name was also used in Sweden.

I guess there is one "official" theory and many local therories.
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