Base Money

[palani]

The system as described in 1792

Fast forward to 2016 to find .... only base money is recognized. Produce something real in the metals of money and people think it is fake.

From https://books.google.com/books?id=nj9aAAAAcAAJ&pg=PA355&dq=police&hl=en&sa=X&ved=0ahUKEwic9oy-3pjKAhVGNSYKHXBkAp0Q6AEIPTAG#v=onepage&q=police&f=false

http://oi63.tinypic.com/2uszhc5.jpg

[palani]

Oh ... and I should add the next paragraph ... where the definition of 'base money' is expanded to include silver and copper.

http://oi63.tinypic.com/16gxxmt.jpg

[palani]

So did you know the British under George the 2nd exclude bank notes from the concept of money and and horses are not goods, wares or merchandize?

http://oi64.tinypic.com/dym48z.jpg

So who now can come up with a cite that is effective at the present day in the U.S. where bank notes are considered "money"? How's about it 7th_trump? You care to take on this leap of logic?

[mick silver]

stay with gold an silver it safer for now anyways