Madam Speaker, I know they are just excited to hear the rest of the story and that is why they are having troubling containing themselves.
What was Henry VIII to do? He used copper on the inside of his coins and silver on the outside to multiply the coins without limit. There was only one problem, and that is that he put his big, ugly, fat mug on the front of the coin facing outward. He wanted everyone to see him straight on. That meant his nose protruded. His nose would rub on the inside of pockets, and that silver would rub off and then everyone would see the red nose. Every time an Englishman pulled out a coin and saw a silver coin with a big, ugly red nose in the middle of it, they knew they had been robbed of the real purchasing power of their money and that Old Coppernose had stolen from them again.
By the way, the money supply in that period increased by 80%. Guess how much prices went up in the same time period: They went up 80%, but he was not the most creative.