[Cboldt]

JFK was making moves to print money outside of the FED. Real “money out of thin air,” without having to pay interest on money issued by the government. The generic term is “United States Notes” which are similar in appearance to “Federal Reserve Notes.”

[Jane Long]

I was just about to post...Trump hasn’t mentioned the Fed, or gold standard, yet.

[Smokin' Joe]

Yes United States Notes had been issued in the past; a direct monetization of debt. Silver certificates could still be exchanged for silver coin (.77 oz/dollar at 90% Ag content), which in and of itself wasn't so unusual while JFK was president (it only stopped being produced at the mint after 1964).

The Federal reserve notes initially said "This note is legal tender for all debts, public and private, and may be exchanged for lawful money at the United States Treasury or any Federal Reserve Bank."

After 1965, Silver Certificates and United States Notes disappeared from circulation, along with the vast majority of 90% silver coins and 40% silver halves (from 1965-1970), leaving FRNs and copper clad coins.

[Toddsterpatriot]

JFK was making moves to print money outside of the FED.

This was related to getting off the silver standard.

Real “money out of thin air,” without having to pay interest on money issued by the government.

The government pays no interest for FRNs. Do you?