Now you got me remembering.... in the Kennedy administration, they started printing bills backed by silver.
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Silver Certificates-I had some that my Granny gave me. Actually, there’s been a lot of misunderstanding about what Kennedy did and his executive order. Your post reminded me of that-so thought I’d add some detail.
Silver had started to become so valuable for industrial uses, that it was desired to phase out the silver certificates(the stated reason). This is in line with what I remember about that action. Here’s excerpts and link:
Executive Order 11110 was issued by U.S. President John F. Kennedy on June 4, 1963.
This executive order amended Executive Order 10289 (dated September 17, 1951)[1] by delegating to the Secretary of the Treasury the president’s authority to issue silver certificates under the Thomas Amendment of the Agricultural Adjustment Act, as amended by the Gold Reserve Act.
The order allowed the Secretary to issue silver certificates, if any were needed, during the transition period under President Kennedy’s plan to eliminate Silver Certificates and use Federal Reserve Notes.
On November 28, 1961, President Kennedy halted sales of silver by the Treasury Department. Increasing demand for silver as an industrial metal had led to an increase in the market price of silver above the United States government’s fixed price.
This led to a decline in the government’s excess silver reserves by over 80% during 1961. Kennedy also called upon Congress to phase out silver certificates in favor of Federal Reserve notes which, according to the Associated Press at that time, were still backed by gold.
https://en.wikipedia.org/wiki/Executive_Order_11110
SHORT VIDEO-4 min. Citizens fought back-
MASKS ARE GONE IN OC — The Healthy American, Peggy Hall
https://www.youtube.com/watch?v=8Ao6tx5aCxQ&feature=youtu.be
A website has been set up and they are planning on helping other counties to do the same. More info and handouts will be posted going forward per the Video-standard disclaimer:
https://www.thehealthyamerican.org
THE HEALTHY AMERICAN. It’s time to stop asking the government for your God-given rights. It’s time to start living fully — and freely! Educate, inform and inspire others to do the same! Your support is crucial!