To: DiogenesLamp
That must be a fascinating book. Am I to understand you correctly in that individual states were issuing currency up until 1863? I knew they had done so prior to Union, but I didn't know the practice continued afterward. The book is in storage for family reasons, so I cannot currently check details, but it's mostly a reference for business in that time period. However, at least some states were still issuing or using state currency in the 1820s. I would guess from context that most currency came from state-chartered banks rather than from the states themselves.
176 posted on
08/31/2016 4:36:19 PM PDT by
Pollster1
(Somebody who agrees with me 80% of the time is a friend and ally, not a 20% traitor. - Ronald Reagan)
To: Pollster1
The book is in storage for family reasons, so I cannot currently check details, but it's mostly a reference for business in that time period. However, at least some states were still issuing or using state currency in the 1820s. I would guess from context that most currency came from state-chartered banks rather than from the states themselves. I was wondering if bank issued notes would be regarded as issuing from the authority of the state.
Anyways, we are stuck with the Fiat currency dollar controlled by the zero-intresters. The currency question is the biggest difficulty I see in weathering a financial collapse.
We really need a money system with which they cannot tamper.
178 posted on
08/31/2016 4:42:39 PM PDT by
DiogenesLamp
("of parents owing allegiance to no other sovereignty.")
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