The US Coinage Act of 1792 is still in effect and still says a Dollar is 371.25 grains of pure silver. Following the law is too old fashioned, I guess.
I would encourage you to read this short correspondence between the office of Nevada U.S. Senator John Ensign and the head of the Independent American Party in Nevada, Christopher Hansen. Hansen persisted in persuading Senator Ensign's office to petition the Congressional Research Service to provide a precise, legal definition of the word "dollar."
As you know, a Federal Reserve Note is self-identified as "legal tender" and a "promissory note." The public may call it "money', but the government calls it "legal tender." As you will discover below, there's a reason for that clever obfuscation and you may be surprised to learn what the court's own reference law dictionaries have to say about the definition of a "dollar" Again and again, the law dictionaries define a dollar as being composed of 100 cents and CANNOT be defined as "PROMISSARY NOTES, bonds, or other evidences of debt". The implications of this last statement should give you much to ponder.
The US Coinage Act of 1792 is still in effect and still says a Dollar is 371.25 grains of pure silver. Following the law is too old fashioned, I guess.
I would encourage you to read this short correspondence between the office of Nevada U.S. Senator John Ensign and the head of the Independent American Party in Nevada, Christopher Hansen. Hansen persisted in persuading Senator Ensign's office to petition the Congressional Research Service to provide a precise, legal definition of the word "dollar."
As you know, a Federal Reserve Note is self-identified as "legal tender" and a "promissory note." The public may call it "money', but the government calls it "legal tender." As you will discover below, there's a reason for that clever obfuscation and you may be surprised to learn what the court's own reference law dictionaries have to say about the definition of a "dollar" Again and again, the law dictionaries define a dollar as being composed of 100 cents and CANNOT be defined as "PROMISSARY NOTES, bonds, or other evidences of debt". The implications of this last statement should give you much to ponder.
https://www.educate-yourself.org/cn/letterdefiningmoney28dec07.shtml
This is how they'll get you to accept CBDCs. Just back them with gold to drive adoption, and everybody forgets the (((reason))) it's being done.
Once they achieve wide adoption, they can remove the gold backing and add expiration dates and carbon credit restrictions.
IMO ---- nothing is perfect ---- gold has the best historical background and has worked for a long time.
Needs to tangible ---- even aluminum cans are more stable than the US dollar.