Silver US Dollar

Something very interesting and bizarre which I came across at my friend Tim’s home: a US Dollar Bill … with something very interesting:

It looked different.

How so?

Look carefully

Silver US Dollar

SILVER CERTIFICATE

This certifies that there is on deposit in the treasury of

The United States of America

ONE DOLLAR

[This certificate is legal tender for all debts, public and private]

ONE DOLLAR
In Silver Payable to the Bearer on Demand

Why is this so interesting?

  • silver certificate US dollar

To me, the reason this is so interesting:

Money ain’t real.

Money as a social construct. Once Nixon un-pegged the US dollar from the Fort Knox Gold Stash, the government can essentially print money at will (‘ex nihilo’ — out of thin air).

Morale of the story:

Don’t make your life purpose or self-esteem or ego about money-accumulation. Money as a tool and means … for something else!

ERIC

Economics by KIM

Money thoughts:

  1. THE PHILOSOPHY OF MONEY
  2. THE FUTURE OF MONEY
  3. Price Insensitive
  4. WHY JOBS?
  5. The Future Economy
  6. What is Money?
  7. Individual Economics

The Philosophy of Money

  1. How to Become Economically Independent
  2. Economic Dependency
  3. It’s the Economy, Stupid
  4. ERIC KIM PHILOSOPHY OF MONEY
  5. Debt is the Devil
  6. Capitalism is Cruel
  7. In Praise of Capitalism and Consumerism
  8. Capitalism as the Road to Tolerance
  9. DIGITAL CAPITALISM
  10. Capitalism 2.0
  11. In Praise of Capitalism
  12. CREATIVE CAPITALISM
  13. ZEN CAPITALISM
  14. Universal Basic Income