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Why was silver "really"removed from coins by the U.S. government in 1965?
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<p>[QUOTE="josh's coins, post: 2134147, member: 51487"]because if the government could get us off the gold standard they could print as much money as they wanted to so that they could have complete control over the economy. In addition the United States was in a position to make all other currencies based upon the foundation of the us dollar so that they could control the economy internationlly as well. The federal reserve is still trying to get it right so we no longer have severe economic recessions. The next test is when the federal reserve starts making moves next year too early or too late we're heading back to a recession and another stock crash. If they time it just right our economy will see recovery much faster and this nightmare will be over around 2018ish. let's hope they get it right.</p><p><br /></p><p>P.S if you need to borrow money for whatever reason now is the time as interest rates are going to begin increasing.[/QUOTE]</p><p><br /></p>
[QUOTE="josh's coins, post: 2134147, member: 51487"]because if the government could get us off the gold standard they could print as much money as they wanted to so that they could have complete control over the economy. In addition the United States was in a position to make all other currencies based upon the foundation of the us dollar so that they could control the economy internationlly as well. The federal reserve is still trying to get it right so we no longer have severe economic recessions. The next test is when the federal reserve starts making moves next year too early or too late we're heading back to a recession and another stock crash. If they time it just right our economy will see recovery much faster and this nightmare will be over around 2018ish. let's hope they get it right. P.S if you need to borrow money for whatever reason now is the time as interest rates are going to begin increasing.[/QUOTE]
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Why was silver "really"removed from coins by the U.S. government in 1965?
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