I am going to buy $100 in quarters tomorrow. The $20 in George Washington dollars happened a while back.


Where was the devaluation of the wad of cash?

It could not compel performance anymore. I was clever to leave the coins separate as I (my client) was only out the $4.

I think somewhere out there is an explanation why lawful money is pegged to the FRN, because it definitely isn't the other way around.

Thank you so much!

There is - the Congressional Record. I will get on that.