Comment: Mean-time-to-failure is ~ 38 years. Cataclysmic failure = 100%.

(See in situ)


Mean-time-to-failure is ~ 38 years. Cataclysmic failure = 100%.

Federal Note pretending to by United States Dollar, has lost 94% of the 1913 Dollar value. Purchasing value in the village market is all but gone.

Exceptions are few are far between. Here are 3 still in the market:

  • British Pound Sterling ~ 300+ years (lost sterling silver alloy)
  • Swiss Franc ~ 130 years (list metal backing)
  • United States ~ ~ A century. Federal Reserve Note (lost silver alloy purity & weight, 1965; lost gold backing, 1933 & 1971) Pretend US Dollar note)

Central Banks Committing Chomos? 05/26/2011

Fine print: Author is not practiced in the art of banking. Did not matriculate grammar school. Spotty employment record.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul