We certainly won't be using Gold and Silver, for our "Walking Around Money"...
Gold and Silver are usually used as a means of "Savings"... A Store of Value...
August 22, 2019... 3.3 Hollywood Time...
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You mean, we won't have Pennies, made out of Gold or Silver...???
August 29, 2019... 4.2 Hollywood Time...
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Nope... Our Pennies will not be made out of Gold or Silver, but they will be fully backed by U.S. Gold and Silver Bullion Coinage, face value for face value... If you can save up 5,000 U.S. Pennies, you'll be able to turn them in for a $50.00 One Ounce U.S. Gold Bullion Coin... The $50.00 U.S. Gold Bullion Coin will have the "Spending Power" of 5,000 Federal Reserve Note Dollars...
Fifty Dollars in "Sound Money" will be a lot of Money, in whichever Form, "We the People" choose to issue it... If a Penny in "Sound Money" has the "Spending Power" of One Fiat Dollar, think what the "Spending Power" of a One Dollar Coin will have when it becomes "Activated" as "Sound Money"...
November 25, 2019... 13.3 Hollywood Time...
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