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Fiat Currency vs.The Liberty Dollar

submitted by blankfist

1 decade 5 years 8 months 2 weeks ago

From Y/T: "What's new? The Liberty Dollar! Fed Ex competes with the Post Office. So now there's the Liberty Dollar competing with the greenbacks printed by your government. The Liberty Dollar is backed by gold and silver. Yes, there's a competitive currency right here in the United States. In five years it has become the second most popular currency in America."

11 Comments

Interesting

http://www.nysun.com/national/government-is-sued-over-seizure-of-liberty-dollars/80368/

Actually a great idea.

"The Fed" will hate it. You know, that branch of the people's government, The Federal Reserve.

Oh! Wait! They aren't a part of our government at all, are they.

Hmmmm...so who do they represent?

Our tourist town here has Lititz Dollars! - good at all participating local shops. It's actually taking off pretty good too, we should develop an exchange.

In these troubled times, that isn't a bad idea at all...perhaps they will let me open a branch down here?

I just witnessed two counts of fraud.

Saying "that's the new $10 silver coin" is a claim to value as legal tender.

The coins are also composed of metals worth considerably less than their face value, this is really a semi-fiat currency run by a private organization.

dead

*dead

This video has been declared non-functional; embed code must be fixed within 2 days or it will be sent to the dead pool - declared dead by DerHasisttot.

Awarding geo321 with one Power Point for fixing this video's dead embed code.

*length=8:30

The duration of this video has been updated from unknown to 8:30 - length declared by geo321.

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