Greenback DOLLAR
Back when a paper dollar could get you a silver one.
Today an ounce of silver will cost you $28.40 in FEDERAL RESERVE NOTES.
Thanks for nothing FDR, Richard Nixon and the Federal Reserve
Today an ounce of silver will cost you $28.40 in FEDERAL RESERVE NOTES.
Thanks for nothing FDR, Richard Nixon and the Federal Reserve
"The United States abandoned gold as the foundation of its monetary system in two steps. In 1933, President Franklin Roosevelt ended Americans’ right to surrender paper dollars for gold and even to own gold bullion. Step two came in 1971 when President Richard Nixon “closed the gold window” and denied foreign governments the right to turn in paper dollars for gold."
Read more: http://www.cmi-gold-silver.com/gold-standard-inflation-fiat-money.html#ixzz17YkNn500
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