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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)
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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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