All that is required from the customer's point of view is to look at the values printed on the currency and do some trivial arithmetic until he reaches the right amount. America uses the dollar currency, which can be subdivided into cents at one hundred per dollar. This being the case, America, I have a quick question: what is the value of this coin?
Monday, October 5, 2009
I Count Numbers, Not Nouns
One the great advances of trade was the invention of money. It allowed the exchange of goods for fixed units of value. The process is quite simple: the vendor nominates a price, and the customer hands over a number of (typically) notes and coins equal to the price.
All that is required from the customer's point of view is to look at the values printed on the currency and do some trivial arithmetic until he reaches the right amount. America uses the dollar currency, which can be subdivided into cents at one hundred per dollar. This being the case, America, I have a quick question: what is the value of this coin?
All that is required from the customer's point of view is to look at the values printed on the currency and do some trivial arithmetic until he reaches the right amount. America uses the dollar currency, which can be subdivided into cents at one hundred per dollar. This being the case, America, I have a quick question: what is the value of this coin?
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