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<p>[QUOTE=&quot;GDJMSP, post: 665820, member: 112&quot;]Uhhh - no. It had been planned to get rid of them for at least 2 years in advance. It had been discussed for several years before that. If I remember correctly, the first talks on switching to fiat currency began BEFORE Kennedy was ever even elected. Getting rid of silver coins and getting rid of silver certificates had absolutely nothing to do with Kennedy&#039;s death. It would have happened even if the man had lived.</p><p><br /></p><p>We switched to a fiat currency, just like the rest of the world, for one very simple reason - we had to.</p><p><br /></p><p>Now there are various economic reasons that are typically used to explain the why of it. But the inescapable fact is that there was no longer enough gold and/or silver in existence to back the currencies of the world.</p><p><br /></p><p>And every time one of these discussions comes up, we always hear from the proponents for a return to a currency backed by gold &amp; silver. But why ? It is always said because gold &amp; silver have intrinsic value. </p><p><br /></p><p>Well horse puckey. Gold and silver don&#039;t have any more intrinsic value than anything else that exist on the planet. For that matter, <u>not one single thing</u> has any value, unless the people on this planet say it does. And that&#039;s really all it takes - for us to say it does.</p><p><br /></p><p>That&#039;s why money has always existed in so many various forms. All that is necessary for anything to be considered money is for the people to be willing to accept it as money. It doesn&#039;t have to be backed by a damn thing. That&#039;s because the sole purpose of money is to facilitate trade, commerce. So it doesn&#039;t matter what form that money is in. It can be gold, silver, paper, sea shells, or large stones with holes in them. As long as people accept that object or substance as money - then it is money.</p><p><br /></p><p>Now somebody is going to tell me that is my opinion. Well, I&#039;m sorry, it&#039;s not an opinion. It&#039;s a fact. Want Proof ? Look at what you have in your wallet.[/QUOTE]</p><p><br /></p>

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