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Not true. The pound sterling has been in continuous use since around 800 CE.
by pmiller2 8y ago
Not true. The pound sterling has been in continuous use since around 800 CE.
- thechao 8y agoThat's a ship-of-Theseus fallacy. The pound sterling of 2019 is more related to the American dollar of 2019 than it is to the pound sterling of even WWII, nonetheless 800CE.
- rpz 8y agoAnd additionally the American dollar is not the same as it was pre bretton woods, or pre federal reserve, etc.
- zajd 8y agoThe ship of Theseus isn't a fallacy, it's a thought experiment.
- pmiller2 8y agoNot really. It’s just a matter of changing times and prices. Pounds and pennies have been a thing for 1200 years. What they buy has changed dramatically.
- Rmilb 8y agoAnd lost 99% of its value!
- deleted 8y ago[deleted]