Darren New wrote:
> scott wrote:
>> If you look on an English bank note, it says "I promise to pay the 
>> bearer on demand the sum of xxx pounds".  
> 
> American currency used to say essentially that. Then a decade later it 
> started saying "XXX oz of gold is on hand". Then it just switched to 
> "treat this like money or we'll shoot you."
> 

Somewhere between 'xxx pounds of gold' and 'we promise this is real 
money' it went to 'xxx silver dollar coins available on demand'. That 
didn't last too long either.

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