Thursday, October 16, 2014

Weightless Money

"What does the dollar have to do with the metric system? Or any system of weights and measures? Today, pretty much nothing. But up until recently -- and we're talking walking-on-the-moon recently -- money was all based on weight. In the late eighteenth century, coinage was not only a part of weights and measures, it was the most vital part, and had been for thousands of years" (John Bemelmans Marciano, Whatever Happened To The Metric System? 13).

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