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Talk: Coin

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Is it true that coins are generally back by a country's reserves? That is are most countries still on a gold or silver standard? --rmhermen

I removed:

Usually, the value of such coins is guaranteed by being backed by that government's reserves.

I would be very surprized if this were true. As far as I know, nearly all coins in the world today are unbacked (or minimally-backed) fiat currencies like the US dollar. --LDC

The US dollar isn't really "unbacked", but what is is backed by is left as an exercise for the reader. The US government neither backs nor creates the US dollar. Who does? -º¡º

What is being measured by the graph in this article? Could the person who added it provide a title or explanation? -- llywrch 02:05 Apr 20, 2003 (UTC)

cumulative inflation, I believe.
price levels (same thing as cumulative inflation more or less) - the graph now has an caption. -º¡º

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