Money is not indefinitely divisible. Even with the assistance of money-substitutes for expressing fractional sums that for technical reasons cannot conveniently be expressed in the actual monetary material (a method that has been brought to perfection in the modern system of token coinage), it seems entirely impossible to provide commerce with every desired fraction of the monetary unit. Ludwig Von Mises
About This Quote

This is a quote from the economist Milton Friedman. The quote says that money can be divided so far, but not infinitely. A good example of this is the $0.02 coin that was proposed in 2006 to facilitate micro-payments with credit cards. Another example is the $0.01 bill that was designed in 2006 to allow consumers to use their debit cards to make small purchases for $0.10 or less.

Both of these proposals were met with great opposition because they would either make consumers pay too much or make it more difficult for businesses to accept these types of payments. Also, they would be easy to counterfeit and difficult to verify, which would cause many problems in commerce. This quote shows how the economy is very sensitive to changes in the money supply and how easy it is for people to manipulate monetary systems.

Source: The Theory Of Money And Credit

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