Thursday, August 20, 2009

At least it's based on something real and of worth - "Food and wine as collateral for bank loans."

All I get are these little slips of green paper [or electronic bits] that supposedly represent some vague idea of... something? [Fiat money is all made up consensus reality, folks. You're welcome.]

Food and wine as collateral for bank loans - Boing Boing:
"Italian banks may soon accept high-end prosciutto and wine as collateral for loans. The Italian agriculture minister is into the idea..."

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