The British Pound Sterling

To give you an example of how that paper you have
in your wallet, or digital bits on your banking homepage
screen have become distended from the real money it once
represented, just think of this – A British Pound Sterling was
once worth exactly what the words say – A pound in weight of
Sterling silver. As of the end of August 2020, the same pound
of sterling silver is valued at £282, or $376. That is 0.0035%
of its original value.

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