Message:

<p>[QUOTE=&quot;medoraman, post: 1446357, member: 26302&quot;]Well, baseline the IOU is the ONLY thing the government will accept for tax payments. If you have a bill from the IRS, (and we all do), there is no acceptable payment save USD.</p><p><br /></p><p>The second legally proscribed use is in settlement of debt. If you owe money, a lender legally cannot force you to pay in anything other than USD.</p><p><br /></p><p>Other than that, there has never been any other backing of FRN&#039;s except as debt collectible from the Fed Reserve. It seems to have been enough for them to be used as currency for about a century now.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in