[WikiEN-l] Donation banner and strongly negative reactions
Ray Saintonge
saintonge at telus.net
Wed Nov 12 23:05:17 UTC 2008
Anthony wrote:
> Where can you safely get 5% interest, anyway? The 30-year bond is around
> 4%. Long-term municipal bonds are around 5%, but they're not totally safe
> nowadays. And this is, as Gregory pointed out, before inflation. The
> chance that the US is going to start adding zeros to its dollar bills in the
> next 30-years is non-negligible.
It's about time that the US abandoned $1.00 and $2.00 bills and just
used coins instead.
The risk is to have a situation such as prevails in Egypt. In the two
weeks that I was there at Wikimania time I only twice received coins in
change, and thsat was from the cashier at official government tourist
sites. Everything else was paper money down to the 25 piastres note
worth about 5 cents. Carrying that in one's pocket creates a soggy mess.
Ec
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