3 ms·

Well, if things get worse, he can always introduce the reversing of decimalisation. Bring back the guinea!

• arethuza 4y ago
  In case anyone is wondering: https://en.wikipedia.org/wiki/Carolingian_monetary_system#United_Kingdom https://en.wikipedia.org/wiki/Carolingian_monetary_system#Un...
• tragomaskhalos 4y ago
  The guinea was imo a rather elegant thing, as it allowed retailers to impart additional value or eminence to a good simply by pricing in guineas rather than pounds. From wikipedia: "Savile Row tailors, bespoke boot makers, fine jewelers, and expensive motorcars were always priced in guineas".
• Gordonjcp 4y ago
  Guineas are still in use, particularly in livestock sales.
  • biorach 4y ago
    that's not totally accurate. The Guinea coin is no longer legal tender and it is not a unit of currency Livestock sales are priced in Guineas as a convention > Bids are still made in guineas for the sale of racehorses at auction, at which the purchaser will pay the guinea-equivalent amount but the seller will receive only that number of pounds. The difference (5p in each guinea) is traditionally the auctioneer's commission (which thus, effectively, amounts to 5% on top of the sales price free from commission). https://en.m.wikipedia.org/wiki/Guinea_(coin) https://en.m.wikipedia.org/wiki/Guinea_(coin)