[Starwind]

The book Currency Recall: The Coming Monetary Reorganization of the United States by Lawrence Patterson is at Amazon.com.

Anybody know this book/Author...have a link to the monograph?

Some strong statements made that need verifying.

[Starwind]

hedgetrimmer posted this article on another thread, and it is well worth reading and discussing, I believe.

Anybody got any further info on what the article claims?

[Support Free Republic]

Hi mom!

[Alter Kaker]

This is simple absurdity to anyone of economic knowledge. New design does not mean new currency. Are there two quarter systems? Old quarters circulate overseas and 50 state quarters circulate only in America? Of course not. The sky is not falling, not on America, not on Israel, not on anybody.

[glorgau]

Or it could just be that the reason is the stated one - to deter counterfeiters. Also, there is a bunch of narco cash that has to be flushed out of the hiding places in this world.

[Mike Darancette]

Wow, the depth of paranoia in this article is amazing.

[Gatún(CraigIsaMangoTreeLawyer)]

This article does not make sense. Sitting here in Panama, we use U.S. paper currency. (Panama has none of its own. There is a special treaty between the U.S. and Panama about this that was passed early in the 1900s.) Bills wear out. The old ones are flown back to the U.S. for destruction and new ones are flown in which means the old ones will be replaced by the multicolored ones. Therefore, all $20 will eventually be replaced by the new ones all around the world. Maybe someone can explain it to me.

[agitator]

P.S. Mind you, I'm talking about bills that are now 5-7 years old and I know of no such bills currently introduced. I'm only referring to what I read at the time and suggesting the potential danger *if* a dual currency system were to be introduced.

[Capitalism2003]

Buy silver.
Buy gold (silver is a MUCH better value in my opinion.)
Put it in a safe place and forget about it.

Then rest easy at night.

[Charlotte Corday]

If I offered the author thirty of these new worthless slips of peach colored paper in exchange for one of his precious ounces of eternal gold, you think he'd turn me down???

[Phaedrus]

Tinfoil Hat time. Does the guy really think the U.S. can control currency in circulation here and overseas by passing a law? Where do these people come from?

[Lonesome in Massachussets]

You left off the "TIN FOIL HAT ALERT"!

[Tauzero]

"color-shifting ink, whose appearance changes from copper to green as the bill is tilted against the light"

That ought to fascinate my 2-year old.

[Tauzero]

"embedded vertical plastic strip"

What's that for?

[Cold Heat]

This is crap from the types of folks who are still pissed that we went off the gold standard.

Our currency value is quietly being allowed to drop so that exports can increase and the economy rebound strongly.

The Fed does this all the time, but denies it.

So do other countries that have trade imbalances.(Not China)

We have been begging China to stop propping up it's currency and allow it to float so that we do not have to do this stuff, as I understand.

They have thus far refused.