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Patrick · 10-02-2010, 10:53 PM

This is probley the most stupidest question to ask is it?
But im curious.

My mate gave me 'Fake Money' the idiot, it was actually the Newer Pounds.
Was wondering why it was so shiney and the Tails on the back were like all better.

This got me thinking what waste of work that was updating the money because soon when the Queen Dies surely that means they cant use her face on the pound?

1. It would be stupid if England gets A King next.
2. It would be direspectful to the dead would it not? Like still using her face if she died.

So would they update the money when she dies to the new King/Queen or would they just leave it on?

King Gizzard · 10-02-2010, 10:57 PM

We scrap them and use penguin biscuits as currency

Scarlett. · 10-02-2010, 10:58 PM

The King is put on the coin and the Queen coins are either melted down or collected

Smithy · 10-02-2010, 10:59 PM

When queen coins are given to shops they are exchanged to banks for new ones

-simples-

Captain.Remy · 10-02-2010, 10:59 PM

Making new physical money (aka coins...) will increase the inflation rate (The percentage increase in the price of goods and services, usually annually.) which means everything will be more expensive and not affordable anymore. It may also lead to the unemployment rate will explode and the government will have to raise taxes to finally declare its bankrupt time. (ie. Argentina)

It's all economics, don't try to understand, it's like 1 + 1 = 2.

Scarlett. · 10-02-2010, 11:06 PM

Quote:

Originally Posted by Captain.Remy

Making new physical money (aka coins...) will increase the inflation rate (The percentage increase in the price of goods and services, usually annually.) which means everything will be more expensive and not affordable anymore. It may also lead to the unemployment rate will explode and the government will have to raise taxes to finally declare its bankrupt time. (ie. Argentina)

It's all economics, don't try to understand, it's like 1 + 1 = 2.

They will steadily be brought in then I imagine, like how the new shield coins have been

Captain.Remy · 10-02-2010, 11:09 PM

Quote:

Originally Posted by Chewy

They will steadily be brought in then I imagine, like how the new shield coins have been

Exactly. It's a tough situation and decision to handle. The UK government won't do it alone anyway, the European one will look for them as it's serious business. People think having more physical money means they're getting richer or the country is getting better but it's the contrary: the more physical money you have, the less you'll pay with as prices will sky rocket.

Therefore, I think the day the Queen dies, the government will take it slowly and collect the money carefully to replace it. And not just throw it like that.

Jack_ · 10-02-2010, 11:03 PM

If I had my way...

ILoveTRW · 10-02-2010, 11:04 PM

hope wills gets the throne, charles is a cock

arista · 11-02-2010, 05:39 PM

Quote:

Originally Posted by ILoveDC

hope wills gets the throne, charles is a cock

No Charles is next in Line.

ILoveTRW · 11-02-2010, 05:46 PM

Quote:

Originally Posted by arista

No Charles is next in Line.

I know, what im saying is he should defer to Wills

sooty · 11-02-2010, 11:26 PM

Quote:

Originally Posted by ILoveDC

I know, what im saying is he should defer to Wills

Succession to the Throne is not a popularity contest that is why it is so unique.

Barbie · 11-02-2010, 05:34 PM

as they go through the Bank of england they are taken out of the system and replaced with new ones, just like old torn notes or the old £20 so inflation isnt a problem

we did it today in college incase anyone was wondering why i had a bright spell just then

arista · 11-02-2010, 05:36 PM

Quote:

Originally Posted by Patrick

This is probley the most stupidest question to ask is it?
But im curious.

My mate gave me 'Fake Money' the idiot, it was actually the Newer Pounds.
Was wondering why it was so shiney and the Tails on the back were like all better.

This got me thinking what waste of work that was updating the money because soon when the Queen Dies surely that means they cant use her face on the pound?

1. It would be stupid if England gets A King next.
2. It would be direspectful to the dead would it not? Like still using her face if she died.

So would they update the money when she dies to the new King/Queen or would they just leave it on?

Nothing
it will change in time to the new leader.
It will still be Tender.

And many places do there own Pound Tokens
like Brixton Pounds
You buy for a pound , but in some shops it is worth £1:50.

Scarlett. · 11-02-2010, 11:27 PM

Thing about Charles is he is already getting on in his years

sooty · 12-02-2010, 10:19 AM

Quote:

Originally Posted by Chewy

Thing about Charles is he is already getting on in his years

Yes Charles's Throne may be short.
But my opinion, it might be better as he is not popular with public.

Even I hear many people would not accept Charles as the King. I think ILoveDC's view is not a joke I am afraid.