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    1. #1
      Member JET73L's Avatar
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      It takes something like $1.63 to make everything from $1.00 bills to $100 bills, so it all pretty much evens out.
      Goals completed since joining: 10 -- Last goal completed: February 17, 2009
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    2. #2
      This is my title. Licity's Avatar
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      It does bother me that the price of producing a $1 bill is the same as that of producing a $100 bill...

    3. #3
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      According to this site:
      http://lrs.ed.uiuc.edu/students/tsul...omposition.htm

      The US penny was 95% copper until 1982. It also lists masses. Doing a very rough calculation, let's assume that you can extract about 2.5g of copper from each pre-1983 penny. Copper is currently trading at about $1.43/lb, or $0.0003/g. As you can see, melting down pennies for copper is nowhere near feasible for generating income. This was a surprise to me, as copper production is peaking. Perhaps in a decade or two it will be closer.

    4. #4
      Gentlemen. Ladies. slayer's Avatar
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      Video games have taught me to be nice and work together, and to take charge of things when no one else will, so you can destroy the enemy hive.







    5. #5
      Member Bonsay's Avatar
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      Video games have taught me how to kill.
      C:\Documents and Settings\Akul\My Documents\My Pictures\Sig.gif

    6. #6
      Gentlemen. Ladies. slayer's Avatar
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      Quote Originally Posted by Bonsay View Post
      Video games have taught me how to kill.
      actually, a kid did learn how to perform CPR on someone from a video game.

    7. #7
      Member De-lousedInTheComatorium's Avatar
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      Playing a video game taught me:

      Life isn't just about passing on your genes. We can leave behind much more than just DNA. Through speech, music, literature and movies... what we've seen, heard, felt ...anger, joy and sorrow... these are the things I will pass on. That's what I live for.

      We need to pass the torch, and let our children read our messy and sad history by its light. We have all the magic of the digital age to do that with. The human race will probably come to an end some time, and new species may rule over this planet. Earth may not be forever, but we still have the responsibility to leave what traces of life we can. Building the future and keeping the past alive are one and the same thing.


      -- Solid Snake
      http://i87.photobucket.com/albums/k130/Saosinss/SOLIDSNAKE-1.jpg

    8. #8
      Worst title ever Grod's Avatar
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      Quote Originally Posted by Licity View Post
      It does bother me that the price of producing a $1 bill is the same as that of producing a $100 bill...
      Why? They are pieces of paper.

    9. #9
      Member JET73L's Avatar
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      Quote Originally Posted by Grod View Post
      Why? They are pieces of paper.
      Agreed. It's not money because its material cost is equal in value to its applied worth in exchange, it's money because we expect to get an equal exchange for the markings on it. It's like a transferrable IOU that people use because it's easier to trade four or five pieces of paper and some copper pieces than a sheep. It doesn't matter what it should be worth, because it is worth whatever we're willing to trade for it.

      Anyway, back on the original subject, the higher denominations even it out.
      Goals completed since joining: 10 -- Last goal completed: February 17, 2009
      Uncontrolled lucid dreams:23.5--controlled lucid dreams:24.5
      --WILDs:16.5--MILDs:1.5--DILDs:22--DEILDs:8--Quasilucids(do not count):3--
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    10. #10
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      Quote Originally Posted by JET73L View Post
      Agreed. It's not money because its material cost is equal in value to its applied worth in exchange, it's money because we expect to get an equal exchange for the markings on it. It's like a transferrable IOU that people use because it's easier to trade four or five pieces of paper and some copper pieces than a sheep. It doesn't matter what it should be worth, because it is worth whatever we're willing to trade for it.

      Anyway, back on the original subject, the higher denominations even it out.
      We don't use it because its easier, but because the government forces us to use it. The law states that people must accept the US dollar as payment for goods and services. If that law wasn't in effect, people would probably still be trading using silver and gold coins.

    11. #11
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      Quote Originally Posted by Alric View Post
      We don't use it because its easier, but because the government forces us to use it. The law states that people must accept the US dollar as payment for goods and services. If that law wasn't in effect, people would probably still be trading using silver and gold coins.
      No, they would be trading with silver and gold receipts, like before 1971. And inflation wouldn't be possible.

    12. #12
      Worst title ever Grod's Avatar
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      Quote Originally Posted by Alric View Post
      We don't use it because its easier, but because the government forces us to use it. The law states that people must accept the US dollar as payment for goods and services. If that law wasn't in effect, people would probably still be trading using silver and gold coins.
      Wrong, nearly everyone would still use money because it is easier than carrying around hundreds of pieces of gold.

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