IOU nothing money
n.— «They’re trying now to establish a single currency in Europe. I don’t mind that so much, if Europe wants it, but this present world-wide fiat paper money—what I call “IOU nothing” money—is going to break down. We’re headed for the worst economic catastrophe in all of history. Obviously the best one- world money would be gold, the good old gold standard, but that is a pipe dream now.» —“Simplex Munditiis” by John Exter Lank Business Online (Sri Lanka) Oct. 4, 2006. (source: Double-Tongued Dictionary)
Further reading
She sells seashells by the seashore. Who is the she in this tongue twister? Some claim it’s the young Mary Anning, who went on to become a famous 19th-century British paleontologist. Dubious perhaps, but the story of her rise from seaside...
One of the most powerful words you’ll ever hear — and one of the most poignant — isn’t in dictionaries yet. But it probably will be one day. The word is endling, and it means “the last surviving member of a species.” The...