Lowndes proposed the recoinage with a raise built in: the crown, five shillings of silver, would be declared six shillings and threepence, a 25 percent increase in its nominal value. Locke's answer did not rest on a love of metal. Coin is a measure, and a measure is held under contract; redefining ...

Too bad they dont teach this in school! Well done.

De Locke a Satoshi, o diagnóstico é claro: o fiat é câncer terminal. A confiança na moeda soberana já morreu. O que resta é a necrose inflacionária. Aceite o diagnóstico ou veja sua riqueza evaporar.