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<p>[QUOTE=&quot;medoraman, post: 1309192, member: 26302&quot;]Can I just ask a &quot;stupid&quot; question? With outstanding US notes in circulation, along with coinage, just WHY are all dollars in your world FRN&#039;s now Fatima? Even using your own logic, there are billions upon billions of US Dollars in coins and US notes that are still legal tender. WTF do you then conclude, (using your own logic and ignoring other&#039;s), that therefor by definition all US dollars are FRN&#039;s? Somehow you magically waived a wand and by your decree they are no longer US dollars but FRN note dollars only? </p><p><br /></p><p>If Chris issued notes and people passed them around and used them for money, denominated in US Dollars, are those FRN dollars as well? ON ITS FACE, ACCEPTING YOUR LOGIC, (whihc I do not), your statement that all US Dollars are FRN dollars is false. Billions upon billions in US dollars is minted every year and put into circulation by the US mint. </p><p><br /></p><p>Again, all US dollars are dollars, just a fraction of them are FRN&#039;s. On the face of that statement is its truth, a Federal Reserve NOTE is ONLY A NOTE. The physical note is the only amount of FRN in existence. There IS no FRN without the NOTE! </p><p><br /></p><p>Ok, going away now, screaming at the internet so time to walk away.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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