Saturday, January 22, 2011

the colour of money

How much reliance do you place on promises? Do you, for example, expect them to be kept? Before you answer, you might want to consider the following:
The Hongkong and Shanghai Corporation Limited promises to pay the bearer on demand at its office here ONE HUNDRED HONG KONG DOLLARS.
Inscription on HK$100 banknote.This statement is meaningless. Assuming that the bank isn’t going to exchange your

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