Man, Freedom and Government by Ezra Taft Benson 2 of 3
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United States, founded by slave owners, of the rich for the rich by the rich.
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@prayfortruejustice Google "U.S. Mint PEF" All coins are indeed Americas money. It is sovereign money of, by, and for the government and the people -- money that the private banks pays YOU and I full face value for. Money that the FED pays seigniorage (profit) to us. But sadly Americans do not know or understand this, so Federal Reserve Notes and credit continue to destroy the country and the economy.
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@iFreedom4ever Sir: The definition of Fiat is indeed that which the government decrees as money for commerce and taxes. Even gold, silver, or paper backed by the metals, is in that definition "fiat". Paper fiat (which became official under Nixon) is the work of PRIVATE banks (Federal reserve Banks). The problem ? It is debt based fiat, loaned into circulation. In my mind debt FREE script and coin (as is currently issued by the U.S. Mint under the PEF) is sovereign U.S. Money and not gold.
A sound monetary system (gold/silver)... not fiat.
iFreedom4ever 1 year ago 4