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<p>[QUOTE="Rono, post: 542448, member: 6492"]Howdy,</p><p> </p><p>Nice article. I knew about the FRN definition, but this was interesting in the ability to Refuse.</p><p> </p><p>Couple of follow ups: first the Liberty Dollars and their being busted by the FBI for supposedly trying to substitute the LDs for 'legal tender' a charge that is denied.</p><p> </p><p><a href="http://en.wikipedia.org/wiki/Liberty_Dollar" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Liberty_Dollar" rel="nofollow">http://en.wikipedia.org/wiki/Liberty_Dollar</a> and, </p><p> </p><p><a href="http://www.libertydollar.org/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.libertydollar.org/" rel="nofollow">http://www.libertydollar.org/</a></p><p> </p><p>The other is the definition and differences between Currency and Money.</p><p> </p><p>My understanding equates currency with legal tender but it's not money. Money in an unreal concept that some would say represents the 'value of the currency'. Others simply equate money with gold but I think this is missing the poink. Money is the unreal concept of value and when folks value gold more than currency the POG rises. </p><p> </p><p>thoughts?</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 542448, member: 6492"]Howdy, Nice article. I knew about the FRN definition, but this was interesting in the ability to Refuse. Couple of follow ups: first the Liberty Dollars and their being busted by the FBI for supposedly trying to substitute the LDs for 'legal tender' a charge that is denied. [URL]http://en.wikipedia.org/wiki/Liberty_Dollar[/URL] and, [URL]http://www.libertydollar.org/[/URL] The other is the definition and differences between Currency and Money. My understanding equates currency with legal tender but it's not money. Money in an unreal concept that some would say represents the 'value of the currency'. Others simply equate money with gold but I think this is missing the poink. Money is the unreal concept of value and when folks value gold more than currency the POG rises. thoughts? rono[/QUOTE]
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