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REPORT ABUSIVE REPLY
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Message Subject
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Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
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Poster Handle
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Anonymous Coward |
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Post Content
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No, but the US Treasury would have to pay another $300,000,000 million in gold or silver coin (at face value of said coins) to replace the 300 million YOU paid off.
Face value? Not bullion value? So I suppose they just stamp out a tiny silver coin with "$300,000,000" written on it whenever this sort of thing happens?
The last ruling by congress on the value of Gold was about $44.00 per ounce, that is the value they will give you if you try to pay for taxes with gold bullion, people have tried. Now, for Gold coins, they will give you face value. Congress cannot deal with Federal Reserve notes, it is against the law.
Why don't you ask congress that question, it is a power given to them in the law of the land.
"To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;"
Article I section 8, uS Constitution.
Quoting: Anonymous Coward 692708Well, I've never heard of this process where they maintain a parallel currency ultimately based on gold and silver coins. That's why I asked here, since it's the only place I've heard it discussed. When was it last done, and what coins did they use to pay this sum then?
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