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To: steven84

The Treasury is still the institution that coins money. And like the Federal Reserve, the Treasury was created by an act of Congress. Why kooks like Ron Paul call for the abolishment of the Federal Reserve, but not the Treasury is beyond me. But trying to understand crazy people isn’t an easy thing to do.


21 posted on 06/18/2007 6:58:35 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62

somewhat wrong...the fed prints (”coins”)there own currency....aka federal reserve note....when the treasury did this, it was known an united states note.....there is a difference.....the only coinage that happens through the treasury are the actuall coins produced at mints.

here is some reading that kinda clarifies the issue....
http://www.earthnews.net/articles/thefederalreserve.htm


26 posted on 06/18/2007 7:20:11 AM PDT by steven84
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