The FRB attorneys are trying to make out that Scott Gregory was never injured.
I will describe the injury. At lawful money rates and redemption, Scott's $100 bill should buy over two ounces of gold. Look at the footnote - $42.22/troy ounce of gold. Instead Scott's bill will buy only a fraction of that - Spot being $1540/troy ounce. So Scott can only purchase about 1/15 an ounce today with it.
If you divide $1540/$42.22 you get about 1/20 value of his $100 bill. The bill if redeemed should be redeemed at its lawful money value. Lawful money (US notes) is not elastic nor is it to be used as reserve currency.
I am telling Scott!!
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