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| Topic: dollars | |
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Ok do you think we should get rid of the dollar since its becoming worthless and should we go with gold silver or platinum currency?
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Send me all your Worthless dollars..once you change to gold and platnium..lol
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Gold is the standard in which the dollar is based upon if I am not mistaken. But maybe we should go back to the gold standard like Ron Paul wants to do?
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send me th dollars,,,,,,,,,,i will take care of them for u
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lmao everyone"s a critic
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I believe the Constitution refers to gold and silver as currency.
Article I. Section. 10. No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but GOLD AND SILVER COIN a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility. No State shall, without the Consent of the Congress, lay any Imposts or Duties on Imports or Exports, except what may be absolutely necessary for executing it's inspection Laws: and the net Produce of all Duties and Imposts, laid by any State on Imports or Exports, shall be for the Use of the Treasury of the United States; and all such Laws shall be subject to the Revision and Controul of the Congress. No State shall, without the Consent of Congress, lay any Duty of Tonnage, keep Troops, or Ships of War in time of Peace, enter into any Agreement or Compact with another State, or with a foreign Power, or engage in War, unless actually invaded, or in such imminent Danger as will not admit of delay. |
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Gold is the standard in which the dollar is based upon if I am not mistaken. But maybe we should go back to the gold standard like Ron Paul wants to do? you are mistaken it was done away with that is why ron paul wants to go back to it the only thing backing the dollar is the confidense in the united states (that is why the value of the dollar is falling {causing world commodity prices to rise} but oh well |
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I believe the Constitution refers to gold and silver as currency. Article I. Section. 10. No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but GOLD AND SILVER COIN a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility. No State shall, without the Consent of the Congress, lay any Imposts or Duties on Imports or Exports, except what may be absolutely necessary for executing it's inspection Laws: and the net Produce of all Duties and Imposts, laid by any State on Imports or Exports, shall be for the Use of the Treasury of the United States; and all such Laws shall be subject to the Revision and Controul of the Congress. No State shall, without the Consent of Congress, lay any Duty of Tonnage, keep Troops, or Ships of War in time of Peace, enter into any Agreement or Compact with another State, or with a foreign Power, or engage in War, unless actually invaded, or in such imminent Danger as will not admit of delay. No, No, No, No....... The History of U.S. Paper Money In the early days of the nation, before and just after the revolution, Americans used English, Spanish, and French money. 1690 Colonial Notes The Massachusetts Bay Colony issued the first paper money in the colonies which would later form the United States. 1775 Continental Currency American colonists issued paper currency for the Continental Congress to finance the Revolutionary War. The notes were backed by the "anticipation" of tax revenues. Without solid backing and easily counterfeited, the notes quickly became devalued, giving rise to the phrase "not worth a Continental." 1781 Nation's First Bank Also to support the Revolutionary War, the continental Congress chartered the Bank of North America in Philadelphia as the nation's first "real" bank. http://www.frbsf.org/federalreserve/money/funfacts.html#A3 |
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WHAT? And loose all our fiat currency and hidden taxation? Surly you're not suggesting we give up our cozy little illusion of wealth? However will we finance federal deficit?
Really though, I'm all for a return to the gold standard...with a foolproof plan to reinstate it. It's my understanding that unless gold doubles in value over a 5 year staged reentry, it's just not visible. So, Reagan and Greenspan, more power to ya, and I'll ride Yippy Ki Yay through town for Ron Paul, but I don't see it happening in my lifetime. But then I'm no economist...just MHO. |
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Send me all your Worthless dollars..once you change to gold and platnium..lol 
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lmao everyone"s a critic Did you expect something different......what were you looking for? |
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