I believe this says it is illegal to shoulder a "Stabilizing Brace"

[RamRoddoc]

Currency (only gold and silver are money) is CREATED (out of thin air) when banks make loans and when the Fed buys U.S. Treasury's.....effectively the same as printing currency...to finance deficit spending by the gov't. TAXES are really a form of gov't control....they barely finance entitlements. With the debt/GDP ratio now over 100, we truly are a banana republic.

Since 1968 it's been fake-fiat money with no true redemption value. http://en.wikipedia.org/wiki/Silver_certificate_(United_States)

Edit: Our coins were swapped out in 1964. If anyone has any 1964 dimes, quarters, half-full dollar coins. I'll exchange you my paper for it......

 

[RamRoddoc]

The interesting thing is when the federal government made gold illegal in 1933. Executive order 6102 criminalized the possession of monetary gold by any individual, partnership, association or corporation.

http://en.wikipedia.org/wiki/Executive_Order_6102

 

[chucklenut]

Since 1968 it's been fake-fiat money with no true redemption value. http://en.wikipedia.org/wiki/Silver_certificate_(United_States)

Edit: Our coins were swapped out in 1964. If anyone has any 1964 dimes, quarters, half-full dollar coins. I'll exchange you my paper for it......

ya me to

id rather have money than currency any day of the week

 

[500mag]

The interesting thing is when the federal government made gold illegal in 1933. Executive order 6102 criminalized the possession of monetary gold by any individual, partnership, association or corporation.

http://en.wikipedia.org/wiki/Executive_Order_6102

That was rescinded circa 1975

 

[500mag]

Since 1968 it's been fake-fiat money with no true redemption value. http://en.wikipedia.org/wiki/Silver_certificate_(United_States)

Edit: Our coins were swapped out in 1964. If anyone has any 1964 dimes, quarters, half-full dollar coins. I'll exchange you my paper for it......

Actually the date was Aug 15, 1971...Nixon interrupted "Bonanza" to tell us that our $ were no longer exchangeable for gold. After that day, the Fed was free to "print" at will to finance deficit spending, and the "money" supply went parabolic.

 

[RamRoddoc]

That was rescinded circa 1975

A lie cannot live...... But for 40 plus years it can hang around.

 

[chucklenut]

Actually the date was Aug 15, 1971...Nixon interrupted "Bonanza" to tell us that our $ were no longer exchangeable for gold. After that day, the Fed was free to "print" at will to finance deficit spending, and the "money" supply went parabolic.

ya, nixon really ****ed us on that one

"ooooo the international boogeyman known as speculators"

 

[Peacekeeper]

At least our paper does not have an expiration date on it.......yet.

 

[Peacekeeper]

 

[Dirty J]

At least our paper does not have an expiration date on it.......yet.

Yet somehow it feels more honest than our paper money