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Bristol-Myers Squibb Company Message Board

  • spendthriftgift spendthriftgift Jan 26, 2013 7:06 AM Flag

    Depreciate the dollar?

    The Better Than Cash Alliance, ipartially financed by the Gates Foundation, hosted a breakfast at the World Economic Forum in Davos, Switzerland. made the case for why electronic transactions are better than cash payments.

    It costs exactly the same amount of money and man-hours to print a $1.00 bill as a $100 bill.
    120 years ago people "brought home the bacon". Then they "brought home the silver dollars"
    Then they "brought home silver certificates". Then they brought home federal reserve notes.
    They want you to "bring home electrons"
    Will the value of mixing concrete be equal to performing surgery or teaching school?
    They'll all be paid with electrons.

    I personally find it is less painful to flash my debit or credit card than break a $100 bill..
    Then again, what can you buy for one $100 bill today?

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