tag:blogger.com,1999:blog-7809554158225020247.post7961375966514519866..comments2023-10-15T05:43:59.164-04:00Comments on The Ohio Republic: Ohio needs a state currency!Harold Thomashttp://www.blogger.com/profile/01126953671652930894noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7809554158225020247.post-13268510548732668222011-06-29T08:02:18.576-04:002011-06-29T08:02:18.576-04:00For what it's worth, if we had our state curre...For what it's worth, if we had our state currency today, based on the Monex silver price this morning of $33.86 per troy ounce, the buckeye sterling would be worth $26.18. Gold at Monex was quoted as $1,502 per troy ounce, which would place the value of the falcon at $726.59.<br /><br />As a further aside, gasoline on the Columbus east side was $3.45 per gallon, which would be 0.13 buckeyes Harold Thomashttps://www.blogger.com/profile/01126953671652930894noreply@blogger.comtag:blogger.com,1999:blog-7809554158225020247.post-21597155420313008352011-06-29T07:53:35.187-04:002011-06-29T07:53:35.187-04:00Some readers may wonder why I did not mention gold...Some readers may wonder why I did not mention gold. One of the problems that bedeviled the United States prior to 1933 was an attempt to maintain an artificial ratio between gold and silver. This problem can be corrected by creating a separate currency unit, that I call the "falcon" (after Ohio's peregrine falcon) which would be exactly equal to one "eagle" or $10 gold Harold Thomashttps://www.blogger.com/profile/01126953671652930894noreply@blogger.com