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Tuesday, April 19, 2016 10:11:38 PM
What is a federal Reserve note
Oh...you mean FIAT currency. Paper money is essentially worthless. It's not backed by anything physical, lacks intrinsic value, can be easily printed(just like a stock certificate), and it's only true value lies in what someone is willing to give you for it.
A federal Reserve Note aka US Dollar is essentially toilet paper.
I'm not gonna go into a rant about deflation, inflation, hyperinflation, Supply and demand, the world's reserve currency, etc etc.
Just know that I'd rather have a Perth mint 2015 kookaburra than a $100 bill.
SNMN
Wise King
Trade or Die
Perth Mint Silver(kookaburra, lunar series 1&2)
Royal Canadian Mint(Privy Mark Maple Leafs Only)
Chinese Mint(Pandas)
US Mint(Silver Eagles are essentially junk silver...too much premium and not enough collector value...just like the dollar they make to many of them)
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