JuristBooks wrote:
Merry pre-Christmas everyone. If I was wayyy younger & stronger I’d be out hunting Canada goose for Christmas dinner.
Now that my fingers are thawing out (it was in the 20’s in Raleigh, N.C.) I will go over the American Dollar and how it changed- but didn’t.
During our country’s brand new existence, when we were nation-states, we had almost no money except for British money.
What did we ‘pay’ our Colonial Army with ? A paper script called a “Continental.”
It was our first experiment with paper money, and it begat a phrase- “ Worthless As a Continental.”
Troops, Citizens, merchants were at each other’s throats. Magistrates were hung, Constables k**led, it was 100 percent inflation.
It peaked in the 1780’s. Washington, Jefferson, Madison, Hamilton et al were writing and planning on ‘what to do to end the crisis.’
Hamilton finally said hey guys, what did Spain leave behind ? The dollar of Silver (and other coinage). Let’s adopt that dollar as our dollar, which is ( to this day) 412.5 grains of standard silver, or 371 grains of .999 fine silver.
We were on a silver standard. Gold was also proportional in value.
When the Fabian Socialists and other banking elite pushed a propaganda campaign of let’s print paper money but only one dollar per dollar Note ( thus no inflation), it became acceptable.
Then came the Civil War crises of the Lincoln Greenback. Once the paper notes were turned in and ‘redeemed’ the Treasury burned them.
Result ? Assassinate Lincoln and keep printing money.
Next president shot over money was McKinley. Then JFK, who was getting rid of “Federal Reserve Notes” and was replacing them with United States Notes, at ‘ no interest.’ Supposedly the ‘issue vault’ is loaded the Kennedy Notes but are stopped from being released in to “general circulation.”
When the Z*****t banking cartel couldn’t stop JFK from printing the no interest Notes they pushed for a change to “copper, nickel and zinc” coins. Kennedy said no. They, via CIA et al murdered him in Dallas.
Johnson takes office and now we have unlawful coinage. And he stopped issuing United States Notes.
We are technically at 100 percent inflation. We have zero Constitutionally- mandated lawful money.
Merry pre-Christmas everyone. If I was wayyy young... (
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I would just say send all the dollars you don't want to the Salvation Army.