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Old 06-19-2005, 12:53 PM   #8
prof1515
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The problem arises when you deal with different classes. The wealthier classes would deal with larger amounts and hence there should be denominations that suit them. Likewise, the lower classes would have smaller denominations, essentially requiring two nearly separate yet compatible currency systems.

Ah, but what if the point of the monetary system is to confuse? I cite for you a real-life example: the British guinea (1/1/0, ie, one pound and one shilling in value) was used since such amounts were unlikely to ever be handled by the lower classes. As a result, shops that catered to the wealthy often posted their prices in guineas as a means of saying "You're not supposed to shop here."

Use of such a device seems a bit confusing, but that was the point (foreigners always had difficulty and I suspect the British liked it that way...gave them a home-field advantage).

Take care,

Jason
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