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Thread: despite what this dollar says, you can't get silver for it from the government.

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  1. #1
    Easy enough to solve.

    Reduce doing business in paper and certainly don't exchange precious metal for paper.

    I'm thinking lawful money includes US securities, coins, and postal money orders.

    Lawful money, with respect to the Federal Reserve Act of 1913, referred to reserve currency.

  2. #2
    Quote Originally Posted by shikamaru View Post
    Easy enough to solve.

    Reduce doing business in paper and certainly don't exchange precious metal for paper.

    I'm thinking lawful money includes US securities, coins, and postal money orders.

    Lawful money, with respect to the Federal Reserve Act of 1913, referred to reserve currency.

    United States security notes, rather than United States notes. Congress did not change the name, they bundled US notes into the larger order of currencies.

    Spend some time in Title 31 ??5114-5119. Start with ?5115.

    The Notes tell us:

    In the section, the words “United States currency notes” are substituted for “United States notes” for clarity and consistency in the revised title.

    Congress dearly needed to reconcile the conundrum of this opening post before Title 31 could become Positive Law.



    P.S. I just realized I am imposing US notes on Silver Certificates. So this post may have some problems.
    Last edited by David Merrill; 09-22-12 at 02:25 PM.

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