Post
Topic
Board Economics
Re: The future of the paper money
by
Hammerschmidt
on 24/01/2017, 02:35:56 UTC
Although by "paper" you probably refer to "what the paper represents" and not the actual paper itself...recall the United States destroys tons of paper bills every year because it physically gets worn out. In fact, didn't Canada experiment with a new, thin, plastic dollar? I remember seeing that on TV one night.

No matter what medium backs up the currency of a nation, it will always symbolize the "atom" of that nation's "unit of work," and therefore will probably always be with us.