****FRN's Vs Coins*** | |
Anonymous Coward User ID: 1643639 Canada 10/15/2011 01:30 AM Report Abusive Post Report Copyright Violation | |
Motion & Rest (OP) User ID: 27491980 United States 11/12/2012 01:39 AM Report Abusive Post Report Copyright Violation | |
Marax User ID: 25975775 United States 11/12/2012 01:42 AM Report Abusive Post Report Copyright Violation | by saying coins I mean post 1964 or whatever the cut off date for silver is. Quoting: Motion & Rest I just wonder if minted coins will be worth one US dollar if the FRN(Fake dollar) implodes? Coins and paper currency are different, or no? No Gun control is like trying to reduce drunk driving by making it tougher for sober people to own cars. I'd like to go quietly in my sleep, like grandpa did. Not screaming in terror like the people in the back seat of the car he was driving. |
Motion & Rest (OP) User ID: 27491980 United States 11/12/2012 01:44 AM Report Abusive Post Report Copyright Violation | by saying coins I mean post 1964 or whatever the cut off date for silver is. Quoting: Motion & Rest I just wonder if minted coins will be worth one US dollar if the FRN(Fake dollar) implodes? Coins and paper currency are different, or no? No then why does't the coins say federal reserve? Meow |
Marax User ID: 25975775 United States 11/12/2012 01:46 AM Report Abusive Post Report Copyright Violation | by saying coins I mean post 1964 or whatever the cut off date for silver is. Quoting: Motion & Rest I just wonder if minted coins will be worth one US dollar if the FRN(Fake dollar) implodes? Coins and paper currency are different, or no? No then why does't the coins say federal reserve? Gun control is like trying to reduce drunk driving by making it tougher for sober people to own cars. I'd like to go quietly in my sleep, like grandpa did. Not screaming in terror like the people in the back seat of the car he was driving. |
Motion & Rest (OP) User ID: 27491980 United States 11/12/2012 01:48 AM Report Abusive Post Report Copyright Violation | by saying coins I mean post 1964 or whatever the cut off date for silver is. Quoting: Motion & Rest I just wonder if minted coins will be worth one US dollar if the FRN(Fake dollar) implodes? Coins and paper currency are different, or no? No then why does't the coins say federal reserve? Make me understand, I want to understand. Meow |
Anonymous Coward User ID: 27534421 Canada 11/12/2012 01:51 AM Report Abusive Post Report Copyright Violation | The only difference betweeen a coin and a FRN is that you don't have to pay some scummy jew banker interest when you create a dollar coin. You just mint it and spend it. otherwise the value is equal. Dollar coins are free money you don't have to pay some sleazeball jew or chink T-bill investor to use. You Americans should be using them and demanding more instead of pissing and moaning about them. |
Marax User ID: 25975775 United States 11/12/2012 01:52 AM Report Abusive Post Report Copyright Violation | You might be beyond all hope. Help me understand why you think the way you do, I want to understand Gun control is like trying to reduce drunk driving by making it tougher for sober people to own cars. I'd like to go quietly in my sleep, like grandpa did. Not screaming in terror like the people in the back seat of the car he was driving. |
Motion & Rest (OP) User ID: 27491980 United States 11/12/2012 02:00 AM Report Abusive Post Report Copyright Violation | You might be beyond all hope. Help me understand why you think the way you do, I want to understand Sorry I don't understand The neanderthal concept of money. Good thing my dad is rich. The coins just look, feel and taste different, that's all. Then what's the lawfull currency you can exchange frn's for? Meow |
Anonymous Coward User ID: 27534421 Canada 11/12/2012 02:06 AM Report Abusive Post Report Copyright Violation | Coins are minted by the US Treasury Department and spent into circulation without having to pay interest to anyone for their creation. FRN's are created by borrowing money from an investor at interest, then using it to issue more money. 2 different methods of creation altogether. |
Anonymous Coward User ID: 27534421 Canada 11/12/2012 02:15 AM Report Abusive Post Report Copyright Violation | You might be beyond all hope. Help me understand why you think the way you do, I want to understand Sorry I don't understand The neanderthal concept of money. Good thing my dad is rich. The coins just look, feel and taste different, that's all. Then what's the lawfull currency you can exchange frn's for? Marax likely doesn't understand the difference himself. Essentially it has nothing to do with purchasing power or value though. They're both worth the same and always will be. The difference lies in the cost of issuing. The Treasury pays a one time manufacturing cost to issue a dollar coin. Whatever it costs them to buy the metal and have it stamped into a coin. On the FRN the treasury pays interest to some bloodsucker for the entire time the dollar remains in circulation just as you would if you borrowed a dollar from a bank yourself. It is utterly rediculous to be paying some jew interest when you could just issue the money for the cost of printing. It's totaly unnecessary to be paying interest to anyone. |
Anonymous Coward User ID: 27534421 Canada 11/12/2012 02:21 AM Report Abusive Post Report Copyright Violation | ... US coins minted by the US treasury. So here's what's going on... You're paying some fucking jew banker interest to use FRN's... which are exchangable for US dollar coins... which you could have just used in the first place for free. The scam is so rediculous and convoluded, only a jew could come up with something like that and con everybody into thinking they need it. |
Marax User ID: 25975775 United States 11/12/2012 02:25 AM Report Abusive Post Report Copyright Violation | You might be beyond all hope. Help me understand why you think the way you do, I want to understand Sorry I don't understand The neanderthal concept of money. Good thing my dad is rich. The coins just look, feel and taste different, that's all. Then what's the lawfull currency you can exchange frn's for? Marax likely doesn't understand the difference himself. Essentially it has nothing to do with purchasing power or value though. They're both worth the same and always will be. The difference lies in the cost of issuing. The Treasury pays a one time manufacturing cost to issue a dollar coin. Whatever it costs them to buy the metal and have it stamped into a coin. On the FRN the treasury pays interest to some bloodsucker for the entire time the dollar remains in circulation just as you would if you borrowed a dollar from a bank yourself. It is utterly rediculous to be paying some jew interest when you could just issue the money for the cost of printing. It's totaly unnecessary to be paying interest to anyone. OP didn't ask how the federal reserve worked. Let me repost his questions in case you missed them..... If the dollar or FRN's were to truly crash, then would the same be true for the coins from the mint? Quoting: Motion & Rest I know they are separate currency, but would their value increase or would they meet the same fate as the FRN? How much currency in minted coins is truly out there compare to the quadrillion of paper and electronic currency? by saying coins I mean post 1964 or whatever the cut off date for silver is. Quoting: Motion & Rest I just wonder if minted coins will be worth one US dollar if the FRN(Fake dollar) implodes? Coins and paper currency are different, or no? Yes, the coins will be worth as much as the paper... Gun control is like trying to reduce drunk driving by making it tougher for sober people to own cars. I'd like to go quietly in my sleep, like grandpa did. Not screaming in terror like the people in the back seat of the car he was driving. |
Anonymous Coward User ID: 27534421 Canada 11/12/2012 02:36 AM Report Abusive Post Report Copyright Violation | |
Motion & Rest (OP) User ID: 27491980 United States 11/12/2012 02:50 AM Report Abusive Post Report Copyright Violation | You might be beyond all hope. Help me understand why you think the way you do, I want to understand Sorry I don't understand The neanderthal concept of money. Good thing my dad is rich. The coins just look, feel and taste different, that's all. Then what's the lawfull currency you can exchange frn's for? Marax likely doesn't understand the difference himself. Essentially it has nothing to do with purchasing power or value though. They're both worth the same and always will be. The difference lies in the cost of issuing. The Treasury pays a one time manufacturing cost to issue a dollar coin. Whatever it costs them to buy the metal and have it stamped into a coin. On the FRN the treasury pays interest to some bloodsucker for the entire time the dollar remains in circulation just as you would if you borrowed a dollar from a bank yourself. It is utterly rediculous to be paying some jew interest when you could just issue the money for the cost of printing. It's totaly unnecessary to be paying interest to anyone. Thanks. Now I understand. Meow |