How long until the US Treasury adopts this idea?
GOLDBACKS
Ayden Williams
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Christian Torres
Never. They enjoy the (((monopoly))) money you all play with right now.
Adam Rogers
The US Treasury doesn't make the money. The Federal Reserve prints banknotes and the US Mint makes coinage. The US Mint makes the only real money, which is real Gold and Silver Bullion.
Wyatt Gonzalez
Did the Treasury not absorb the Federal Reserve?
Jayden Rogers
No. The Federal Reserve Bank is a 100% private bank authorized by the treasury to print banknotes. Which the Federal Reserve circulates.
Andrew Hernandez
Can you help me make heads-or-tails of this article?
pennswordtwo.com
Jaxson Phillips
no he means recently, trump absolved the fed, the fed owns the federal reserve
Noah Diaz
The president helps appoint the head of the fed. So its like 80% private. Trump bitched about what he wanted them to do or he'd fire them and they did as he said. Makes you wonder if that % isnt lower.
Did you miss the ron paul revolution? We all spent years reading mises articles about this stuff
Charles Murphy
Backed by the “Full Faith and Credit of the US Government...”
In 2 months that’s gonna be history.
Leo King
Retards think gold colored paper is somehow worth more than green colored paper. Comedy fucking gold, right there.
Elijah Brown
Never. They removed gold as currency standard because jews need gold to nebulize nanoparticles in the atmosphere and change the climate. That's why they carry the fake gold bag in their neck
David Young
>Did you miss the ron paul revolution?
Too many Zoomers and tourists here have no idea about the Fed, we need to do some new rounds of redpilling them on it
Lincoln Murphy
that's because it isn't a reserve of any kind, it's more akin to our mafia
Jordan Baker
Two types of dollars are in circulation. 1 real and 1 fake. The real dollars are coins stamped by the mint. The Sacagawea dollars and the Presidential dollar coins. They arent made of precious metals but they are real government made money. The fake dollars are Federal Reserve Banknotes. If the Fed ever collapses, the fed printed dollars will be worthless. The coins made by the Mint will be de facto currency until a new central bank is established.
Charles Wilson
Dude people don't even accept those McDonalds dollars now
Jack Cooper
this is the digital age.
Bitcoin will rise out of this mess stronger than ever.
David Adams
I've never had a problem with them when i used them. You might occasionally have a teenaged cashier who is ignorant. Do you mean your drug dealer doesnt take them?
Julian Reed
Never ever.
Caleb Richardson
Why not use gold coins? 28grams of gold is worth close to 2000$.
Fuck kikes and their paper scams.
Dominic Bailey
lol, imagine being this dumb. You have to go back.
Xavier Ross
I need $200 worth of groceries, how is the cashier going to give me $1800 back? 100lbs of silver and copper? Tiny, easy-to-lose gold flakes?
Thin sheets of fractional gold seems pretty legit.
Aaron Adams
Gold is better to store wealth. Silver is better for transactions.
Jack Williams
>Real Gold and Silver
user the change in your pocket is just barely more real than the magic paper
Owen Fisher
Good luck finding someone to make change. Gold isn’t much good for everyday commerce. But you need some gold for bribes to cross borders.
Samuel Peterson
>Federal Reserve prints bank notes
Retard.
Elijah Wright
well if youre trading gold for groceries youre clearly desperate. Silver is the currency of everyday transactions.
Easton Smith
What simp put bitches on every note?
Luis Torres
It is more real because it isnt fedbux. But yes, having real silver, even if only 90% silver coins would be optimal.
Jonathan Brooks
>BEP prints whatever and whenever the FED tells them to
yes, the fed prints money.
Gavin Clark
>well if youre trading gold for groceries youre clearly desperate.
I wasn't talking to you, and I was simply pointing out how gold coins have an inherent problem when it comes to making change.
>Silver is the currency of everyday transactions.
And with the release of these foil notes it's much easier to use gold for everyday transactions AND gets us back on a gold standard "overnight".
Carter Ramirez
95% of newly printed money is replacing old and worn out bills, which surprise surprise the Fed sends to BEP!
>yes, the fed prints money
Again, you are a retard and proof that American economic education has failed.
Daniel Lee
Wow, just wow.
No one except for fringe faggots give a flying fuck about this shit. It’s just another fiat
Who cares about block chain? It’s trash. A mathematical wet dream, a trivial solution to a non existent problem.
New crypto “coins” come out all the time. If anyone can make a new crypto, then, it is worthless.
Gavin Rogers
The 27th.Noonish
Jack Jenkins
Dr. RON Paul is my educator FAGGOT
Josiah Davis
It seriously, why.
If shit hits the fan, no one will care about your tarnished silver coins.
Think about it...
I might trade you for some solar panels and a deep cell battery, or bullets, or powered milk,.. but why the fuck would I want your silver?
Ayden Williams
Once everything eventually settles and life goes back to normal(it will unless yellowstone pops off) then youll want it so that your wealth will be preserved and you can trade it in for the new currency if there is one
Charles Long
Because you hope for a future, that's why