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Old 05-12-2008, 07:46 PM
Levi Philos Levi Philos is offline
Practice Makes Perfect
 
Join Date: May 2006
Location: Montana - near Missoula
Posts: 239
Quote:
Originally Posted by Soldier of Truth
Money is "coin" and ONLY "coin."


Coins made of Silver?
Coins of gold?
Coins of copper?
Brass?
Tin?

All of these at one time or another have been used in money systems.

George Selgin documents how coin shortages in England were solved when button makers (buttons of the time were often brass) converted their presses to coinage purposes. The presses were steam pistons and the coins some alloy of copper.

http://www.terry.uga.edu/~selgin

I didn't check today, but the documentation was previously available from the front page of his website.

Levi Philos
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