None of which was happening here. There have been disclaimers left right and upside down six ways from Sunday that Liberty Dollars are NOT "legal tender," "money," "current money," "coin," and so on.
If I accept a new plasma TV set, or an couple of bars of gold, instead of $2,000 in federal reserve notes for the motorcycle I just sold on eBay, I'm not trying to undermine the government's regulation of the US dollar, I'm engaging in barter with a willing partner in the transaction.
If you haven't noticed lately, we have already lost the world's faith in our economy with our out-of-control federal spending and the blinding speed of the Bureau of Engraving and Printing's presses.
A "dollar" used to be a specified weight of gold or silver, when this country was founded. Twenty "dollars" was about an ounce of gold. The slide of the dollar has been going on for nearly a century, what makes you think it won't continue?
The tell people that it is legal, functional currency.
The tell people that to use it like legal tender.
They call the legal tender fake money, and tell everyone to use theirs instead.
After all that they put in the disclaimer that their money isn't legal tender.
They are pretty obviously saying that you should use it as legal tender, but they can't call it that because they would get in trouble.
That's like robbing a bank and assuring everyone the whole time that it isn't a robbery, you are just borrowing the money.
If I accept a new plasma TV set, or an couple of bars of gold, instead of $2,000 in federal reserve notes for the motorcycle I just sold on eBay, I'm not trying to undermine the government's regulation of the US dollar, I'm engaging in barter with a willing partner in the transaction.
I agree. I see nothing wrong with doing that.
f you haven't noticed lately, we have already lost the world's faith in our economy with our out-of-control federal spending and the blinding speed of the Bureau of Engraving and Printing's presses.
We haven't lost the world's faith in our economy, but that faith is weakening. Our prominence is fading.
A "dollar" used to be a specified weight of gold or silver, when this country was founded. Twenty "dollars" was about an ounce of gold. The slide of the dollar has been going on for nearly a century, what makes you think it won't continue?
I never said it won't continue to slowly slide. Our monetary policy is designed to limit inflation to a very low level, but not completely erase it.
The government doesn't aim for zero inflation either. They aim for very low inflation, but they do consider a tiny amount of inflation desirable. Our government is intentionally discouraging people from sticking money away in mattresses. They want to encourage people to invest their money to stimulate growth. That's pretty much stated policy, it isn't a secret.