Monday, September 20, 2010

Changing The Look Of The Dollar Bill - Again

Some options have been presented.

There are more designs.

Europeans are now designing what our money should look like.
They've even got designs with Obama's face on it, just like in dictatorships or monarchies.

Our currency is supposed to be competing with the so-called snazzier looking EURO (which is also a fiat currency worth crap) and these new designs:
Organized by creative strategy consultant Richard Smith, the Dollar ReDe$ign Project is soliciting ideas for the dollar bill of the future. "Our great 'rival', the Euro, looks so spanky in comparison it seems the only clear way to revive this global recession is to rebrand and redesign," the project notes on its website.
They want to tell you that American Greenbacks are so "yesterday".

They want you to think that the way out of the global downturn is to "rebrand the dollar" and jazz it up. What they are really trying to do is get us prepared for a global currency and to decouple us from the money we have become so used to. Recent changes in our dollar bills were supposed to be for security reasons. We've had numerous changes in our coinage as well. Now, we hardly know what our money is supposed to look and feel like. We have in fact, already become disconnected to our own currency, so much so that radical changes such as the ones that are proposed, won't be such a culture shock. No one will care, despite the fact that a currency is so iconic and in many ways defines who we are as a people.

But this move to change our currency at this time only presents more instability... more confusion about who we are as a nation and what our money is supposed to represent.

It's all crap.
Rebranding and redesign... it's nonsense.
It's plain old marketing nonsense.

The only thing that needs to be made over is to make our currency worth something... to back it with something.

Right now it's just paper, and so are those ridiculous new designs.
It's not any better than Monopoly Money.

Fiat money is pixie dust... printed and backed by thin air.

You want real money?
Buy gold and silver coin.

Related: Definition of Money

Thomas Jefferson on coin and paper currency:

“Specie [gold and silver coin] is the most perfect medium because it will preserve its own level; because, having intrinsic and universal value, it can never die in our hands, and it is the surest resource of reliance in time of war.” ~Thomas Jefferson to John Wayles Eppes, 1813

“Paper is poverty,… it is only the ghost of money, and not money itself.”~Letter to Edward Carrington, 1788

“Experience has proved to us that a dollar of silver disappears for every dollar of paper emitted.” ~Letter to James Monroe, 1791