You are viewing a single comment's thread from:

RE: The Problem With Peter Schiff, and, How to Think for Yourself.

in #money4 years ago

"""Wow...""" I know, right?

"""No one will be forced to turn in their Precious Metals...""" I don't recall saying that, not sure why you bring it up. But it has happened before and they could try it again, of course only cowards would comply.

"""What happens when a person runs out of "Spending Money"...???""" If you have silver, gold and copper in your pocket you can buy anything you want and make exact change. Silver, gold and copper are money in every sense, including spending money.

"""You'll be able to "turn in" your Fiat Money for Gold Coins...""" I can do that now.

"""The smallest of our Gold Coins will have the "Spending Power" of 500 of Today's Fiat Dollars...""" Gold comes in the form of grams all the way up to kilos. Why limit yourself to "our Gold Coins"?

"""It wouldn't be easy, making "Exact Change" without Circulating (Physical and Electronic) Sound Money, backed by "U.S. Bullion Coinage"......""" This is false. It would be very easy having silver, gold and copper coins of many different sizes and purities.

There already exist gold and silver backed debit cards along with metal backed cryptos. No government required, no government needed, no government wanted.

No sane person would ever give their precious metals to a government or a government chartered central bank. They can keep their "Circulating Sound Money" and we'll keep our metals.

Sort:  

WE THE PEOPLE, OWN THE ISSUING RIGHTS TO CIRCULATING SOUND MONEY...
September 17, 2020... 15.1 Hollywood Time...

What is "circulating sound money"?

Circulating Sound Money is a Monetary Tool, owned by WE THE PEOPLE...

It is going to be used, to "Remove and Replace" the Currently Circulating Federal Reserve Notes...

Circulating Sound Money will also be used to Pay Off the National Debt and Interest...

September 18, 2020... 1.6 Hollywood Time...

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.028
BTC 57151.22
ETH 3067.19
USDT 1.00
SBD 2.32