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Those who doubt the continued worth of paper money as a store of value point to two things.
ECONOMIST: The trouble with paper money
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In it, Sinclair described how, immediately after the Democratic Convention, the Los Angeles Times began running on its front page a box with an Upton Sinclair quotation in it, a practice that the paper continued, every day, for six weeks, until the opening of the polls.
NEWYORKER: The Lie Factory
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The other half ignored the paper and continued displaying as they had done before.
ECONOMIST: Animal personalities
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The paper cites the continued deferral of water charges as well as swine flu and civil service back-pay.
BBC: ?370m funding cuts 'by Christmas'
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"No, " I said, and continued fiddling with the revealing paper before me.
CNN: Opinion: Chavez was a maker of dreams
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Distressed and defaulted paper, however, continued to knock the cover off the ball as credit opportunity investors sought out wide-margin opportunity.
FORBES: Leveraged loans return 0.31% in November; YTD return is 8.8%
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Clearly, continued physical demand would eventually overcome paper selling.
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But the lack of investment showed, the paper looked thin and circulation continued to slide.
ECONOMIST: A tale of two papers
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The company enlisted ForestEthics to draw up guidelines for sourcing paper, and the two have continued to work together.
ECONOMIST: Companies as activists
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Those who had continued their courtship in the presence of the paper again proved their courage and often kept fighting until the observing human was just two metres away.
ECONOMIST: Animal personalities
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In 1967, for instance, industry experts enthused about the huge potential of paper dresses, noting how convenient and cheap this fad could be if it continued.
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