Errata: "companies are forbidden from accepting them as payment" is, of course, "companies are REQUIRED TO accept them as payment".
Sorry. Mark ----- Original Message ----- From: "Marcel Popescu" <[EMAIL PROTECTED]> > The reason the IOUs emitted by the Bank of England were *initially* accepted > was that they were redeemable in gold or silver. *One* reason they are now > accepted is that they are legal tender - you can pay your taxes with them, > and companies are forbidden from accepting them as payment.
