A second What is a Dollar?
When does money become money? Paul Gilkes article from Coin World, Dec. 16, 2002. An essay on lawful Money: The History of Lawful gold and silver money and the debt brought on by unlawful fiat paper money: A Legal Brief on Money: An article on the Federal Reserve System: Another article on the Federal Reserve System: In 1933, Franklin D. Roosevelt cancelled (repudiated) the Redemption of Federal Reserve Notes in gold within these United States of America and forbid the private ownership of gold coins or bullion by Citizens, upon penalty of fine and/or imprisonment. So the ignorant “responsible”, “law-abiding” Citizens turned in their lawful money to the Treasury, which probably used that money to pay off debts of the United States. However, Federal Reserve Notes were still Redeemable is gold outside these United States of America and the same Federal Reserve Notes were still Redeemable in silver upon demand within these United States of America.
When does money become money? Paul Gilkes article from Coin World, Dec. 16, 2002. An essay on lawful Money: The History of Lawful gold and silver money and the debt brought on by unlawful fiat paper money: A Legal Brief on Money: An article on the Federal Reserve System: Another article on the Federal Reserve System: In 1933, Franklin D. Roosevelt cancelled (repudiated) the Redemption of Federal Reserve Notes in gold within these United States of America and forbid the private ownership of gold coins or bullion by Citizens, upon penalty of fine and/or imprisonment. So the ignorant “responsible”, “law-abiding” Citizens turned in their lawful money to the Treasury, which probably used that money to pay off debts of the United States. However, Federal Reserve Notes were still Redeemable is gold outside these United States of America and the same Federal Reserve Notes were still Redeemable in silver upon demand within these United States of America. A typical Silver Certificate, Redeemable