Friday, November 04, 2005

Why aren't bank notes perforated?

Never got the right change? Trouble breaking a note?

Why not just tear it in half?

$20 -> 2x $10
$10 -> 2x $5

Easy as.

When we had 'real' money (that is: coins whose value was equal to the amount of gold in the coin itself) you could do this. So what's wrong with perforating bank notes so we can do the same with them?

1 comment:

Anonymous said...

Not sure how sincere you were with this post, but the answer is fairly obvious: ultimately, all bank notes would end up as their lowest common denominator...

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