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Old 08-10-2012, 05:48 AM
Location: Wisconsin
7,214 posts, read 8,190,834 times
Reputation: 7748


Wow, this thread is pure idiocy. Most of this stuff belongs in P&OC.
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Old 08-11-2012, 08:33 AM
Location: Apple Valley Calif
7,474 posts, read 20,683,969 times
Reputation: 5629
Originally Posted by KevK View Post
While watching a TV show last night, they said that both the penny and the nickel are worth more in metal than their value is in money. So I wonder about the economics of melting them and selling them as metals. Of course you would have to factor in the energy cost to melt them into metals but if the economics were right, why not?
Even if it weren't illegal to destroy money, it costs the government more to make a nickle than the nickle is worth, it doesn't equate to being able to sell it for more than it is worth. The cost isn't just the metal, the cost of production is added in, and you can't recover the cost of manufacturing...
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Old 08-14-2012, 12:16 AM
Location: Atlantis
3,017 posts, read 3,384,999 times
Reputation: 8836
Originally Posted by Rickers View Post
Remember the "Golden Rule";

He who has the gold,
makes the rules !
And he who has the guns, makes the laws and controls the people that have the gold through confiscatory taxation.
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