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From: wmb@MITCH.ENG.SUN.COM
Newsgroups: comp.lang.forth
Subject: Legally tender
Message-ID: <9103151631.AA08698@ucbvax.Berkeley.EDU>
Date: 15 Mar 91 02:34:11 GMT
Sender: daemon@ucbvax.BERKELEY.EDU
Reply-To: wmb%MITCH.ENG.SUN.COM@SCFVM.GSFC.NASA.GOV
Organization: The Internet
Lines: 10

> The "currency" of the USA is no longer tied to any commodity

The "value" of gold is sort of arbitrary too.  I can't think of
any substance whose value is absolute.  Any kind of currency has
value mostly because people agree to treat it as such.

I guess the nice thing about gold is that the total supply changes
relatively slowly.

Mitch Bradley, wmb@Eng.Sun.COM