-
[quote user="Justin D"] ^Yeah I saw somewhere, that JFK was set on ending the Fed. (and conspiracy theories escalate from there) It would be nice to believe, but I do not know for sure. [/quote] Executive Order 11110 allowed for the Dept of the Treasury to issue silver certificates, which would compete alongside FRNs and royally tick off the
-
US Code, Title 18, Part 1, Chapter 25, § 486. Uttering coins of gold, silver or other metal Whoever, except as authorized by law, makes or utters or passes, or attempts to utter or pass, any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or
-
Whatever the results, the primary difference would be that gold could still be mined, so the gold supply would not be completely constant.
-
First, the amount spent on elections may sound large, but it is a tiny amount in comparison to what the nation as a whole spends on silly things like soda or candy. And I'd say that an election puts more at stake than soda and candy. Second, the money doesn't disappear, it goes to advertising agencies, TV networks, printers, etc. All these people
-
I'm looking to show someone evidence of the money creation process of fractional reserve banking. As my undestranging goes, when a bank lends out money they can do so at a multiple of the amount of money they have on deposit. When they make a loan to loan out previously non-existant money, they'd add the value of the amount the borrower owes
-
Conspiracy theories notwitstanding, the United States has far greater gold reserves than any other country (though Europe combined has more) http://en.wikipedia.org/wiki/Gold_reserves China has 600 tonnes of gold to the US's 8,133 tonnes and the Eurozone's 10,900 tonnes.
-
[quote user="Spideynw"] Public lands are not natural. In an anarchist society, there would be no "public" lands. As such, the issue of "public" smoking would not be an issue. [/quote] I'm not so sure about that, an anarchist society could very possibly develop commonly owned or unowned spaces on the borders between
-
Many in the mainstream media were accusing speculators of bidding up prices for oil and causing $4 per gallon gasoline a few months ago. The libertarian take on this that I've read is that speculators actually serve to stabilize prices because successful speculators buy low and sell high, keeping the prices from getting too low or too high. (And
-
I would be extremely cautious with this company. First, the organization doing this has no association with the Republic of Lakotah. Secondly, there are none of these coins available on ebay, which leads me to conclude that none have been delivered to anyone thus far. http://www.republicoflakotah.com/?p=421
-
[quote user="Paul"] [quote user="Harksaw"] [quote user="Paul"] [quote user="Pyramid"] Isn't that a one time fee though? [/quote] No; it's a limited-time offer of $40/oz for 1-5oz, $35/oz for 6-10oz, etc.; with a face value of "fifty" (dollars, presumably), which will be the final price...stupid