The price of democracy...

[Omnimorph]

how much is the price of democracy worth?

http://news.karameloo.com/uk-news/business/uk-election-2010-tens-of-thousands-of-voters-could-get-750-compensation-after-being-turned-away-from-polling-booths/

750 quid apparently...

Almost makes me wish i'd voted... and been turned away...

[Ihealyou]

How much is 750 quid in money?

[Yellow]

i mean considering quid IS money... 750 quid... but if your asking how much it is in US currency? I am not sure.

[Omnimorph]

not sure on the £ to $... 1100 bucks maybe? It's not too shabby.

[Ihealyou]

Its 1,101.23 USD because America loves democracy, and 419,778 ZWD because Zimbabwe got married and had two kids with democracy.

[Yellow]

We have answers! You Are The Bread Winner!~

[Hasbinbad]

Quid isn't real money; you can't buy a KFC double-down with quid.

[Tallenn]

Quid isn't real money. Neither is dollars, or euros, or any of the other so-called "money" used by the developed nations of the world. It's fiat currency, with nothing whatsoever backing it. It is all based on two things: jack and shit.

[Ihealyou]

Fiat currency has value for the same reasons as anything else. People need money to buy things, accumulate wealth etc, creating a demand for money. Since there is a limited supply of money, it has value. Values for currency then change based on changes in supply and demand for that currency. Pretty much the only difference between gold and dollars is gold is shiny.

[Shmeeggeggy]

The idea of currency is based off of trust and belief. People use modern money because we have been told that it is worth the number that is printed on the paper. Otherwise, it is just a piece of paper. There is no difference between a 100 dollar bill and a 1 dollar bill other than the amount of 0s.

[Tallenn]

Fiat currency is not strictly limited in supply, it's supply is increased every time a bank makes a loan. It's value then of course goes down as the supply goes up (this is why inflation exists). The only thing stopping it from being completely unlimited is that the banks must have a reserve typically of 10% of whatever they loan out.

The supply of gold isn't strictly limited either, but it's supply increases very slowly, as it is mined from the ground.

[Hasbinbad]

Oh, and BTW, freedom costs a buck oh five.

[ShadowWulf]

Mmmm, i dont want to get started on this subject.....grrrrrrr

[VictoryARC]

Fiat currency discussion from people auctioning pixels for plat ;-)

[Omnimorph]

Well my intention was to see if people would be more than happy to give up their vote (or right to vote as it were in this case) for £750 ($1100) to which i would say... hell yeah!

[Hasbinbad]

Freedom isn't free.
It costs folks like yeew and me.

..and if you don't put in your buck-o-five, who will?

[hyzon]

I personally am not giving my vote up for any amount of money.

That way I can always bitch, and feel like I have some reason to care!