How long have we really trusted in God?

69 Stat. 290. 31 U.S. Code 324a made "in God we trust" mandatory on all US currency, but guess when this measure was enacted....


No, it wasn't in the 1780s, it was July 11, 1955. Just a little food for thought...

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Co-Owner
Bueno Technologies

[aclu14]

Same with the pledge of allegiance. They wanted to bring religion back to schools back then

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[Idnew]

I wonder how long it will be before somebody makes that be removed from the curency.

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Well to be honest, it's not too big of a deal if it was removed. Seeing that it has only been mandatory on the currency since the idealic 50s, its nothing the founding fathers (many of whom were agnostic or anti-established religion anyways) would disapprove of.

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Co-Owner
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[paulgro]

It was removed from the dollar bill and put back on. Can't remember the year though...

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[Enforcer]

*doensn't think it'd make much difference*

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[Phreakmeister]

The best mistake possible in cases like this:
there are several coins running in the US, with as a sideprint not in God we trust, but in Gold we trust...

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Do you believe in death after life?

[~wildangel~]

I have no comment...I just find it astonishing how when a war happens the world trusts in God but they take it off the currency???
Oh well, guess I had a comment after all http://www.dumblaws.com/ubb/wink.gif http://www.dumblaws.com/ubb/biggrin.gif

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We can remove IN GOD WE TRUST when we find someone better.

[Lis]

*hmmms* how about: "In ourselves we trust"?

[Phreakmeister]

- In trust we trust
- In nothing we trust
- In gold we trust
- In Mr. George Walker Bush we trust (would that fit in the side?)

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Do you believe in death after life?

[Serendipity]

Although I don't believe in the Man Upstairs, I find the slogan appropriate. The US dollar is not pinned to anything except the whole of the US economy. As a currency, it is "flying by the seat of its pants" - successfully, too, I might add. Have a look here (http://www.ustreas.gov/opc/opc0081.html#faq-0037) for more info. http://www.dumblaws.com/ubb/smile.gif

I guess the US currency is now just like anything else--worth what someone will pay for it. I always wondered why people started to give gold such a high value. What is it about gold that made it what it is? I know that gold corrodes extremely slowly, but so what? Why make it into bars and put into vaults? At least if the bars were made of chocolate, you could eat them.

Actually, my dad thinks we ought to change the whole thing to

what's in it for me?

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[Phreakmeister]

Originally posted by Disconnected:
I always wondered why people started to give gold such a high value. What is it about gold that made it what it is? I know that gold corrodes extremely slowly, but so what?

That is exactly the reason. Gold and silver are extremely longlasting, they hardly lose their value. Which makes it a stable foundation for a currency.

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Do you believe in death after life?

But, dollar bills can be ripped up and taped back together...and they are worth the same amount regardless of how much of them is ripped off. Well, I guess it depends on the dude running the store.

Phreak, why does a rock which doesn't provide the basics of food, shelter, or clothing, get such a high value, regardless of how long it lasts? There are much more useful elements that have less value. I'd rather live in a world without gold than a world without iron.

[Phreakmeister]

Don't ask me, I'm just a poor wannabe-historian. You'd have to ask economists that.

Gold doesn't create an economy, and it doesn't create a survival or a life either, but it does help maintain the stability of an economy.

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Do you believe in death after life?

I seem to remember hearing that some country was not going to base the value of its currency on gold anymore. I think it was England, but I'm not sure. I really don't see what difference it makes. It's all valued against other currencies based on exchange rates.

[Phreakmeister]

Since 1946, according to the Bretton Woods agreement, the world left gold as the base of the currency. They now use the dollar-gold standard. I don't know exactly how it works. Which I oughta, coz I got an exam about it on Monday..............

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Do you believe in death after life?

[aclu14]

Originally posted by Phreakmeister:
-
- In Mr. George Walker Bush we trust



Absolutely NOT

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Originally posted by aclu14:
Absolutely NOT



You got that right!



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[ungua]

feel the same. how about the »feel-attacked-mentality«®? »in nobody we trust but we hope they trust in us«!? it was somehow mentioned here but that might fit... or: »in atomic weapons we trust«!?

regards,
ungua
http://eidsbugarden.ungua.de http://masses.ungua.de

[Serendipity]

Originally posted by Disconnected:
I seem to remember hearing that some country was not going to base the value of its currency on gold anymore. I think it was England, but I'm not sure. I really don't see what difference it makes. It's all valued against other currencies based on exchange rates.

Sterling (that's the proper name for British currency) is kept stable by being pinned to Securuities. What that means exactly, I don't know! If you're interested, have a look at the Bank of England (http://www.bankofengland.co.uk/) website. (Go to Banknotes & Banking, then Note issue - the urls to the exact pages don't work.)