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Message Subject Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Poster Handle Anonymous Coward
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What is lawful money of the United States?

[link to www.time.com]
 Quoting: Anonymous Coward 1284970


ENTIRE PIECE:

To save $2,000,000 worth of nylon, paper, ink and printing, Treasury employes will dust off some long-stored bundles of pre-Roosevelt Federal Reserve gold notes, put $4,200,000,000 worth into circulation. They won't be, as promised on their face, "redeemable in gold on demand." Like all New Deal Federal Reserve notes, they may be exchanged only for "lawful money of the United States," i.e., smaller bills or coin.

You couldn't make that up if you started out to tell a whooper.
 Quoting: Anonymous Coward 590644


Those notes were seized from the people in 1933 under FDRs' NEW DEAL. Why would the US treasury keep them for the last 80 years and then recirculate them now?

And more importantly, what happened to the 420 million in Gold reserves that directly backed those notes for decades? Where did it go? Where is it now?

So, the Government issued those notes, promising redemption for them directly in gold to the bearer on demand, then forced the public to turn them in without giving them the gold promised. Now they are reissuing the notes, promising they are to be redeemed in "lawful money".

Hmmm, sounds like the Government just waited for all the people who had those notes in 1933 just waited till they were all dead (thus ending their obligation/debt to those people who had them) and now POOF, they magically appear again.

No, the guvernmutts would not do that, AGAIN!

Why do people still trust these vipers and thieves?
 Quoting: Anonymous Coward 31297288


Note the date of the article.

"lawful money of the United States," i.e., smaller bills or coin.

smaller bills = United States Notes and Silver Certificates in 1943.
 Quoting: Anonymous Coward 1284970


Yep, silver was still very close to par value of gold at the time, but gold was moving up. Silver Certificates would have been the "lawful money" the Gold certs were redeemed for on demand.

Thanks, I had not noticed the DATE on the article!!
 
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