Thread: Money
View Single Post
Old 09-02-2018, 09:19 PM   #8
Senior Member
Join Date: Mar 2009
Location: South Yorkshire
Posts: 800
Likes: 28 (23 Posts)

Originally Posted by Andy_Mann View Post
The uk government has recently made three forms of currency illegal tender, the pound coin, the five and ten pound note. It's THE method of controlling everybody!
The unit is still the same, even while the old circulation has been recalled and changed to a newer medium; you can still take this to be redeemed at the treasury or mint and then exchanged into the modern equivalent.

Originally Posted by mannybash View Post
This I did not know effectively we are under their thumb. How can they have money going around and at the same time calling it illegal tender?
The term "illegal tender" is incorrect though, its still the same "legal tender" only no longer being accepted (redeemable) in the exchange of goods and services in any normal transaction.
aura is offline   Reply With Quote