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Why would the USA charge itself interest?
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Can anyone from the UK help me understand the UK's sytem of local government? This is for my blog, the Egonian Observer .
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I don't like Justin's position on marriage. Nowhere in his position statements does he say that marriage should be left up to the states. It also sounds like he wants the USA to guarantee the security of the State of Israel. So far, I have not been able to ascertain what Justin's views are on Operation New Dawn, the operations in Afghanistan
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For those who haven't been following this post, my question has already been answered.
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Saying that a piece of paper is a dollar is like saying that a receipt is a kilogram. A dollar is a unit of weight measurement for some kind of substance, just as a kilogram is a unit of mass measurement. Once again, a piece of paper represents, but is not of itself, one dollar of the imaginary substance which has no name. Also, how could you say that
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Where it says "1 Dollar" it actually means "representing 1 Dollar." The paper isn't the dollar itself. A note, or token, is something that represents something else. The word "token" describes physical currency better than the word "note" because not all tokens are notes; there are also metal coins, which
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1. Yes, I consider the green George Washington portrait to be USA monetary token. 2. The word dollar does not and never has signified a green piece of paper. I have two reasons for saying this: the "semantic" reason and the "physical" reason. Since I've already tried the semantic reason, I'll go with the physical reason first
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I have found G. Edward Griffin's book entitled, "The Creature from Jekyll Island: A Second Look at the Federal Reserve" to be the clearest exposition of the monetary processes of the Federal Reserve which I have laid eyes on; but that is not saying much. Explanations on the workings of the Fed, whether from Austrians or Fed insiders, all
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[quote user="ClaytonB"] This is not the case. The gold clause prohibition was ended circa 1976. If you want to denominate a contract in gold nowadays, you can. As always, check with a lawyer before you engage in any business which can get you sued by your competitors or their cronies in gov't.[/quote] Good enough. [quote] Yes, but legal
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Thanks. Your answer was a good answer and you clarified it well.