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Theme by Stijn
February 23rd
4:28 PM
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konacoco: logicallypositive: appropinquabamus: From the smithsonian, a $100,000 bill The reason they outlawed these things is because after narcotics prohibition & the war on drugs took effect, drug dealers would conduct large transactions using these because they were lightweight and represented a lot of money. $100 bills became the de-facto currency as a result. And also because this represents $100,000 in gold and the US government has zero interest in tying their currency to a physical commodity. No government has in interest in tying their currency to a commodity.  Thats IDIOTIC!  That’s not how capitalism works.

konacoco:

logicallypositive:

appropinquabamus:

From the smithsonian, a $100,000 bill

The reason they outlawed these things is because after narcotics prohibition & the war on drugs took effect, drug dealers would conduct large transactions using these because they were lightweight and represented a lot of money. $100 bills became the de-facto currency as a result.

And also because this represents $100,000 in gold and the US government has zero interest in tying their currency to a physical commodity.

No government has in interest in tying their currency to a commodity.  Thats IDIOTIC!  That’s not how capitalism works.

  1. shatteringstar reblogged this from supahsayunbasturd
  2. supahsayunbasturd reblogged this from mctranscendent
  3. mctranscendent reblogged this from logicallypositive
  4. c-newt reblogged this from jasencomstock and added:
    Brian Williams on
  5. notquitecharlotte reblogged this from fareastlibertarianmovement
  6. fareastlibertarianmovement reblogged this from konacoco
  7. thesemicullen reblogged this from jasencomstock and added:
    Drug-dealing aliens.
  8. roblocke reblogged this from logicallypositive
  9. jakke reblogged this from multiplicitiesoffreedom and added:
    To be fair, what possible reason could anyone have to be using a $100k bill in 1934? Like, that’s $1.7 million in...
  10. traveldown reblogged this from konacoco and added:
    No government has in interest in tying their currency to a commodity. Thats IDIOTIC! That’s not how capitalism works.
  11. thatgirlsanalien reblogged this from konacoco
  12. multiplicitiesoffreedom reblogged this from logicallypositive
  13. logicallypositive reblogged this from appropinquabamus and added:
    The reason they outlawed these things is because after narcotics prohibition &...war on...
  14. appropinquabamus posted this