Thursday, July 30, 2009

Why Pay with Two-Dollar Bills

Why I Pay with Two-Dollar Bills - Briggs Armstrong - Mises Institute: "I recently decided that I am going to pay for as many things as is practicable using only two-dollar bills."

"Thomas Jefferson is featured on the two, and as all Jeffersonians and Austrians know, Jefferson had a deep hatred of central banks and inflation. (Not to mention that his vice president shot and killed Hamilton.) What's more, two-dollar bills are something of an oddity.

The front of the bill is the oldest design still in production. The reverse features Trumbull's Declaration of Independence. The two-dollar bill serves my purpose well because, as Austrian economists have taught us, price inflation is the result of the Federal Reserve printing money."

It would be interesting if someone started printing "Google: Why Pay with Two-Dollar Bills" on the two dollar bills.

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