The Fed is pushing this hard on our teachers and in our public schools…
Not sure how to phrase it, so here is the crux:
- Rocks not metal
- Praise Fiat
- America NEEDS a Central Bank
- America NEEDS OVER-Regulation
- There is NO SUCH THING as “weights and measures”
- Pro Massive United States Debt Load
This comic book is the most epic, pro-Fed, all-in assault on Gold & Silver ever.
— New York Fed (@NewYorkFed) August 30, 2017
Because there’s this:
And in Article 1 of the United States Constitution:
And specifically in Section 10:
And if anybody is as geeky as I am, here is THE definition of ONE DOLLAR as originally defined in GOLD & SILVER with weights and measures:
SEC. 9. And be it further enacted, That there shall be from time to time struck and coined at the said mint, coins of gold, silver, and copper, of the following denominations, values and descriptions, viz. Eagles—each to be of the value of ten dollars or units, and to contain two hundred fort-seven grains and four eighths of a grain of pure, or two hundred and seventy grains of standard gold. Half eagles—each to be of the value of five dollars, and to contain one hundred and twenty three grains and six eights of a grain of pure, or one hundred and thirty five grains of standard gold. Quarter Eagles—each to be of the value of two dollars and a half dollar, and to contain sixty one grains and seven eights of a grain of pure, or sixty seven grains and four eights of a grain of standard gold. Dollars or the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver, Half Dollars—each to be of half the value of the dollar or unit, and to contain one hundred and eighty-five grains and ten sixteenth parts of a grain of pure, or two hundred and eights of a grain of standard silver. Quarter Dollars—each to be of one fourth the value of the dollar or unit, and to contain ninety-two grains and thirteen sixteenth parts of a grain of pure, or one hundred and four grains of standard silver. Dismes—each to be of the value of one tenth of a dollar or unit, and to contain thirty seven grains and two sixteenth parts of a grain of pure, or forty one grains and three fifth parts of a grain of standard silver. Half Dismes—each to be of the value of one twentieth of a dollar, and to contain eighteen grains and nine sixteenth parts of a grain of pure, or twenty grains and four fifth parts of a grain of standard silver. Cents—each to be of the value of the one hundredth part of a dollar, and to contain eleven penny-weights of copper. Half Cents—each to be of the value of half a cent, and to contain five penny-weights and half a penny-weight of copper.
This is why ANY 1964 and prior coin combinations of dollars, half dollars, quarters, and dimes equaling $1.00 is THE EXACT SAME WEIGHT of silver!
There was also this:
And now we have this, and it’s more than just a farce:
The Fed’s definition of money is this:
Well, rocks wash away over time. Sleek river rocks that have been there for thousands of years in the flow of the river are not the same ones as before. Sure, rocks won’t erode over the course of a human lifetime, but rocks can be crushed into a million pieces. How would you put them back together? Water? Then we would be using cement as money.
As to the portability, well, see the silver certificate above, or a check, or a debit card. This is just a blatant lie. Gold and silver ARE portable.
There is slight mentioning of divisibility, which the Fed refers to as multiplicity, as in “I need lots of rocks”:
That is why we have a BI-METALLIC gold AND silver standard. One Dollar weighs .715 ounces of silver, and a $20 Double Gold Eagle weighs .9675 ounces of gold. That’s more than 20 times the purchasing power but still just one coin.
The Fed, however, did manage to add a new parameter to the definition of money: Beauty
Seriously. But, I guess we’re all just fools for thinking that was a given:
What is the Fed missing? Only:
- US Constitution
- Weights and Measures
- Gold and Silver
What’s wrong with this picture?
Well, that’s a question for another day. Here’s the real question:
Does the Fed, the MSM and Washington just want to destroy The Dollar, or do they want to destroy the entire United States?
– Half Dollar
About the Author
U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, an active amateur trader, and a Silver Bug at heart.