Wow. You're confused. He ordered the phase out of silver certificates.
He allowed the Fed to print $1 and $5 FRNs, for the first time, to replace silver certificates.
These were in direct competition to Federal Reserve notes and did not require the United States government to pay interest on the money
You think the government pays interest for FRNs? How does that work?
When I was in college I ran across an old magazine in the archives that stated that JFK had called the Fed traitors.
He never did that. He was talking about communists.
Still no idea what the Fed did with their $55.5 billion of profit?
“He never did that. He was talking about communists.”
No. I read the article on that one myself, not second hand. He was talking about the Fed.