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<p>[QUOTE=&quot;C Jay, post: 1365849, member: 13184&quot;]Fatima, thank you for your interest in this.&nbsp; I have been trying to understand the practical application of this issue but have mainly run across more statements of belief than a plan on how it is all supose to work.&nbsp; In order to sign off on digital/paper dollars we would have to agree on a fractional reserve system (X gold allows XXX digital/paper dollars).&nbsp; If this is the premise, I have no problem with it.&nbsp; One would have to make it difficult to change, yet provide for an alternative in dire straits.&nbsp; The US violated the gold standard in 1944 when they printed unbacked dollars to pay for the war effort.&nbsp; A clearly marked Emergency Script with a limit and return date should be required for such rare events.</p><p><br /></p><p>I agree that Mr. Kahre had a perfectly valid argument and the court agreed, failing to convict on any one of the 161 charges he and his co-defendants were facing. The primary issues were centered on using gold eagles at face value and whether or not they are legal tender, which the court deemed they were. The later trial has to do with employees being miss claimed as subcontractors, which unfortunately is all too common, but has nothing to do with the type of currency he was using. It is my premise that the United States does operate a dual system of currency (Gold based and FRN) but that the two are out of sync. If it is the goal of the States and the &quot;Constitutional Money&quot; crowd to sync the two systems and create a defined ratio, I would have no problem with that. In order for it to work, the face value of gold coinage will have to far exceed the world market price, less we find ourselves coinless like the British did when they tried to reinstate the gold standard at the end of WWI.</p><p>Desertgem, I think it&#039;s more about restoring faith in our institutions than averting disaster.&nbsp; And yes, most people won&#039;t even notice, but the may feel better.[/QUOTE]</p><p><br /></p>

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