Quote:
Originally Posted by SouthTexasGuy
You cant keep printing money out of thin air.
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The Fed started doing that to help finance the war against the Confederacy. The practice was revived with a vengeance when Roosevelt's Raw... er, "New" Deal decided we could buy our way out of the Depression with funny money, which we're still printing by the railcar-load...
Meanwhile, Confederate money is worth more than its face value, and has appreciated steadily over the years.
Of course, like gold, there's only so much authentic Confederate currency to be had, and you can't just wave your hand and create more. *Any* finite resource will do to anchor a currency; gold is pretty and portable, giant stone wheels are a little awkward to deal with.
The "primitive" societies that rated their wealth in terms of livestock don't look so silly now. If your cow dies, at least you can eat it. Try doing that to a stack of Federal Reserve Notes. Well, you probably *could* eat a stack of greenbacks, but you'd probably want some horseradish to go with it...