The Money Is No Good

"If you once forfeit the confidence of your fellow citizens, you can never regain their respect and esteem। It is true that you may fool all the people some of the time; you can even fool some of the people all of the time; but you can't fool all of the people all the time." - Abraham Lincoln

Monopoly money is what it most closely resembles. Never have portraits been rendered so unprofessionally as on the new, larger portrait bills.Who did the engraving - a child with a sharp stick? And there is no sense of symmetry.

Why would I bother to concern myself with our currency's artistic value? Because, in the final analysis, that's all it's worth. All States coin and currency (and virtually all in the world) is fiat money. Unlike the commodity money on which our nation was built, fiat money consists of worthless coins with little or no precious metal in them (if melted down, they would not be worth their face value), and of paper currency that cannot be redeemed for gold or silver and is, in fact, backed by absolutely nothing. Fiat money is money by government decree. That it is worth anything is only because the government says it is worth something. We could just as easily be using monopoly money and arcade tokens.