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<p>[QUOTE=&quot;fatima, post: 1210652, member: 22143&quot;]I didn&#039;t say that the gold was seized when the Federal Reserve was created.&nbsp; I said that in order to make it viable they had to seize people&#039;s gold.&nbsp; Furthermore, the seizure was metaphorical.&nbsp; They didn&#039;t sieze anything but they made it impossible to continue transactions using gold currency.&nbsp; People had no choice but to trade their gold in for FRNs.&nbsp;&nbsp; This was the basis for the Federal Reserve taking control of the US currency.&nbsp;&nbsp; I recommend you go read FDRs executive order if you are still confused.&nbsp; </p><p><br /></p><p>In addition, the US Constitution gives the US Congress the right to take on debt.&nbsp;&nbsp; But in order to do this, they have to authorize it.&nbsp;&nbsp; Since USNs are debts of the US government, increasing the USN money supply requires congress to authorize it, and hence this is the limitation.&nbsp;&nbsp; </p><p><br /></p><p>In terms of refuting anything, the above example demonstrates that you should pay attention to what is posted, and not turn it around to something else because nothing that I have posted has been refuted.&nbsp; I do agree with you on this point,&nbsp; it&#039;s time for you to take another break.[/QUOTE]</p><p><br /></p>

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