The Four U.S. Dollars, or, The U.S. Dollar’s Relationship to Gold

[Brian]

Whatever the dollar was, it is no longer that. As bad as it is the only dollars in general circulation that have any value are these:
http://www.marketoracle.co.uk/images/UScoins.jpg

It ain't much but it is something: http://www.coinflation.com/

The only way IMO to walk back what has occurred in the last 100+ years is to force payment in current coin, with the seigniorage being used to extinguish T-bills. However that is very unlikely to happen as that would require discipline that the government does not have. Plus it would be violently opposed by the banks who want to continue issuing their poison coupons aka FRN's.

So it will likely just implode and the whole system will have to be rebooted. So prepare for the later and keep fighting for the former.

[Christopher Theodore]

Whatever the dollar was, it is no longer that. As bad as it is the only dollars in general circulation that have any value are these:
http://www.marketoracle.co.uk/images/UScoins.jpg

It ain't much but it is something: http://www.coinflation.com/

The only way IMO to walk back what has occurred in the last 100+ years is to force payment in current coin, with the seigniorage being used to extinguish T-bills. However that is very unlikely to happen as that would require discipline that the government does not have. Plus it would be violently opposed by the banks who want to continue issuing their poison coupons aka FRN's.

So it will likely just implode and the whole system will have to be rebooted. So prepare for the later and keep fighting for the former.

Such a thing is physically impossible: http://numbersleuth.org/worlds-gold/

Maxim of law:

"The law can not require the impossible."