What is the true value of money? It does so in quite a literal fashion, and explains why Kyle Bass is such a fan of nickels...
As a reminder, from Michael Lewis'
“The value of the metal in a nickel is worth six point eight cents,” he said. “Did you know that?”
I didn’t.
“I’m telling you, in the next two years they’ll change the content
of the nickel,” he said. “You really ought to call your bank and buy
some now.”
