Thursday, April 21, 2016

The 1913 NYT Obituary of Harriet Tubman


Yesterday, Treasury Secretary Jack Lew announced she will replace Andrew Jackson on the front of the $20 bill.

 -RW

3 comments:

  1. Treasury plays a very dangerous game when they monkey with the cosmetics of the paper currency. The current designs are iconic after being around for generations. To coin a Roman analogy, if the temple of the Divine Jackson can suddenly be razed and replaced with new gods from a different culture -- doesn't this call into question the very authenticity of state-conferred divinity?

    Most people may not understand monetary theory, but everyone understands metaphor. A currency that can be altered arbitrarily is not money. True money is unchanging. Not to put too fine a point on it, but gold and silver remain fixed on the periodic table regardless of human conceits.

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    Replies
    1. "gold and silver remain fixed on the periodic table regardless of human conceits."

      Well said.

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    2. Ghm... I fail to see what's wrong with funny money looking exactly the part: the funny green-colored pieces of paper signifying pretty much nothing other than a madness of the crowd.

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