[Publius]

But they accept cash in the form of a check or credit card transaction, which is a cash equivalent in the denomination of FRN's.

What they cannot do is refuse to take cash or cash equivalents in denominations of FRN's and demand gold and silver specie instead. Yes, I know the Constitution says they can, but the Supreme Court invalidated that clause of the Constitution in a 1937 decision under extreme pressure from FDR.

[bjs1779]

What they cannot do is refuse to take cash or cash equivalents in denominations of FRN's and demand gold and silver specie instead. Yes, I know the Constitution says they can, but the Supreme Court invalidated that clause of the Constitution in a 1937 decision under extreme pressure from FDR.

Gold and silver is not legal tender, I agree. They never outlawed barter through. It is interesting that we are in a point in time that we are even talking about it!

[bjs1779]

But they accept cash in the form of a check or credit card transaction, which is a cash equivalent in the denomination of FRN's.

I also don't accept checks (from off the street people) or credit cards in my business. Yes, I still accept cash. But I don't think I have to, but that would be suicide because nobody has silver or gold to trade.

[Lokibob]

I am sorry, but you are wrong about the FRN being the only money  in the land.

 

First, pictured here is the American Silver Eagle, .999 fine silver.  It also is in Gold. 

 

It is valued in silver at $1, and in gold $20.  Of course, nobody would ever spend it for $1 ($20) because of the prices of the metals in it.   I saved the best for last, it is produced by the U.S. Mint.

 

 

 

 

 

 

 

 

And second, check out this organization.  They are advocating and I think using silver as the currency of the land.

 

........Bob