Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
If Greece's currency colaspes
>
Reply to Thread
Message:
<p>[QUOTE="Cloudsweeper99, post: 1207385, member: 3011"]The only difference between currency issued by the Fed and currency issued by the Treasury is that currency issued by the Treasury does not require the government to issue debt or pay interest. In all other respects, the two are equal. Both are irredemable. Both are legal tender. Both have value in international trade because they can be used to purchase goods and services within the USA. Both are spent into existence by the Federal Government. The arguments you are using against Treasury issued money is the same one that was used at one time by the gold crowd against Federal Reserve Notes. I'm continually amazed that people defend the current system [which no longer works because of debt levels] by proclaiming that the people voted for it, yet deny themselves and others the right to change the system. Maybe it's a form of Stockholm Syndrome. I don't know.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1207385, member: 3011"]The only difference between currency issued by the Fed and currency issued by the Treasury is that currency issued by the Treasury does not require the government to issue debt or pay interest. In all other respects, the two are equal. Both are irredemable. Both are legal tender. Both have value in international trade because they can be used to purchase goods and services within the USA. Both are spent into existence by the Federal Government. The arguments you are using against Treasury issued money is the same one that was used at one time by the gold crowd against Federal Reserve Notes. I'm continually amazed that people defend the current system [which no longer works because of debt levels] by proclaiming that the people voted for it, yet deny themselves and others the right to change the system. Maybe it's a form of Stockholm Syndrome. I don't know.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
If Greece's currency colaspes
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...