jsinger - 8:11 pm on Nov 15, 2006 (gmt 0) No one ever mentions that PAPER was once incredibly rare and valuable. ---
No matter what backed money, it would be controversial as it was in Bryan's day. Dick Chaney would have to replace his old friends with mining execs. Gold? Don't the Russians have tons of it? Silver? Bet Howard Hughes' estate owns half of Nevada. (Melvin Dumar LOL)
U.S. fractional currency, issued around and after the Civil War was backed by postage. Early fractional currency showed pictures of stamps.
No one ever mentions that PAPER was once incredibly rare and valuable.