Uhh, the “dollar” is defined as a fixed weight and purity of “silver”, not gold, but then again, with “elected” “leaders” and “public” “servants”…
(by Half Dollar) Before anybody gets all excited about this nothingburger, I’d like to remind everybody that the US dollar was defined (and is supposed to be defined) as a fixed measure of silver, not gold.
But don’t take ‘Ol Half Dollar’s word for it, read the Coinage Act of 1792 for yourself (bold added for clarity):
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
In other words, $1 (The Dollar) is defined as a fixed weight and purity of silver:
And since gold and silver are required to be our money, gold was used to define other derivatives of dollars such as Quarter Eagles ($2.50).
When it comes to gold & silver in the United States of America, it’s gold “and” silver, not gold “or” silver, so it’s not a “gold standard” in that sense, but rather, a “bi-metallic gold & silver standard”.
There’s a difference, and it matters.
You’d think someone who took an “Oath of Office” would actually support and defend the US Constitution instead of just picking and choosing for votes or likes or kickbacks or something.
Indeed, it’s virtue signaling at its worst because Mooney is supposedly some sort of sound money “advocate”, but really, if he ignores silver in this way, then he is not an advocate at all but a Constitution Ignorer in Sound Money Advocate’s Clothing, but then again, what should we expect when we’re totally surrounded by the Brainwashed Masses, Walmart Zombies, Sheeple and Worse?
We will return to gold & silver, which are one in the same, for we always do.
There is only one way to do it, however, and I don’t think Mooney would actually defend the US Constitution like that.
You see, sacrifice doesn’t mix with fame & fortune.
Something about having a cake and being able to eat it?
What matters is what one is doing in the here and now as Economic Misery and Financial Ruin fall upon the land.
No politician is coming to save you, much less do anything for the public good.
Quite the opposite…