What is the American Open Currency Standard (AOCS) and how does the mission statement read?
The American Open Currency Standard exists to expedite the implementation of Silver as money. The AOCS is a temporary bridge between the world of government-imposed fiat currencies and a free market system where commodities and other stores of value are actively traded in the MarketPlace. It is our ultimate goal to see goods and services once again priced in ounces, grams or grains alongside variable “paper” prices. When this is true, we will know that our mission is successful. When did the AOCS get started? The concept for the AOCS was hatched in November of 2007 after an in-depth study of the Liberty Dollar model, its strengths and challenges. The AOCS has yet to officially “launch” with a nationwide PR campaign. Whats Wrong with the U.S. Dollar? Runaway government deficit spending has no oversight with a paper currency. The US dollar is no longer based on an amount of gold, but instead is created based on the production limitation of the fastest printing press. From the AOCS web si
