Well kids,you may or may not know, but each UK bank note states that, 'I will pay the bearer, on presentation, the amount of....(insert denomination)'
That is part of the problem of our economy.
But essentially, a paper note is an I.O.U. However, as it stands, it is a guaranteed I.O.U.
(That is part of the problem of our economy.
But essentially, a paper note is an I.O.U. However, as it stands, it is a guaranteed I.O.U.
Redsushi! Whoop! Whoop! Yes, that one!,
Thu 9 Oct 2008, 0:09,
archived)