A blog by Patrick Crozier

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October 05, 2002

Time for Currency Restoration

This prompts me to finally unveil my plan for currency restoration: to bring back pounds, shillings and pence at 1900 values.

The smallest unit of currency will be the farthing which will replace the 5p. A penny will be worth 20p while a shilling will be worth 2.40. A pound will be worth 48 not far off the present day value of a 1900 pound (50).

The great advantage of this is that now we live in non-inflationary times the new currency is unlikely to lose its value unlike the current crappy imposter. We will also be able to reconnect with our past and quickly be able to find out a) how much richer we are and b) how much cheaper most things are.