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To: amorphous

“Do you know what JFK had in mind/planned when he ordered the issuance of silver certificates? “

Well actually he did exactly the opposite. In his two economic addresses to Congress he requested that they end the use of silver as part of our money. His speeches refer to silver as having only industrial value. You can find the speeches online at the Archive website.

The end of silver coinage and silver certificates shortly after his death were his doing, he just didn’t survive long enough to see it go into effect.

The reason he did it is due to the problems created by using the dollar as the world reserve currency while engaging in an activist foreign policy. This was called the ‘Triffin Dilemma’, named for the Belgian economist who warned it would happen. It began showing up in Ike’s Presidency.


1,483 posted on 12/13/2018 1:36:41 AM PST by Pelham (Secure Voter ID. Mexico has it, because unlike us they take voting seriously)
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To: Pelham

Thank you Pelahm! I kind of figured you might know, and you have caused me to make a mental note to research the matter further, someday. :)


1,736 posted on 12/13/2018 12:27:15 PM PST by amorphous
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