RE: BACKED BY REAL MONEY...

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BACKED BY REAL MONEY...

in steemsilvergold •  6 months ago 

IMHO the "key" in your theory is that the clad coinage, "bullion backed dollar" and the crypto dollar are all INTEREST FREE! The other interesting aspect is that when the FED was established there is a "buy back" provision that interesting is no longer published in the US CODE, for being irrelevant, but it has never been repealed! So how does this all happen? The FED is "bought back" immediately transferring all assets of the FED to the Treasury. Combine that with the recent Executive Order seizing all assets of those engaged in "human trafficking" and "drug offensives" looks to me like the frame work to implement your theory is all in place. I for one have been keeping my change!

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The Redemption Period should make for a smooth Transition away from the Federal Reserve Notes... I personally keep spending the Paper and Pocketing the Change... Now and then, I buy rolls of Dollars or Quarters at the Bank...