It’s not the Anniversary of my Birth if that’s what you were thinking, but I wouldn't be here if something Special didn’t happen 77 years ago today…
What happened 77 years ago today will have to remain a mystery…
Anyway…
I’ve been hoping the Shutdown of the Government will allow President Trump to temporarily “Suspend” all interest payments to the Federal Reserve…
By temporarily suspending these payments to the Fed, I’m hoping it will lead to the “Permanent” suspension of the never ending rental fees we’ve been paying…
I’m sure we’ll continue paying interest owed to everyone else…
During the suspension, I figure “We the People” will be removing and replacing all Federal Reserve Notes with our New Product Line of Silver Certificates…
United States “Stable Coinage” will be 100% backed by our New Product Line of “Circulating” Silver and Gold Coins…
Besides our Silver and Gold Coins, we will have Silver Certificates and Electronic Gold, denominated in Electronic Dollars, Cents and Decimal Cents…
Our Common U.S. Coinage will be Grandfathered into our “Stable Coinage”…
We the People will be selling our New Product Line if Stable Coinage all over the World…
The “only way” to obtain New Stable Coinage will be with Silver and Gold…
Once obtained, our Stable Coinage will Circulate freely…
People will still be able to find ways of earning interest and making profits…
Banks will still want you taking out loans and using their Credit Cards…
This is why Banks have been obtaining Silver and Gold like crazy…
The Bank will need our Stable Coinage if they want to stay in business…
People will continue using the services the Banks will provide, so Bank Employees will continue to be needed…
Sorry, but your Debt will not go away, it will continue with U.S. Stable Coinage…
I personally want to be holding Physical U.S. Coinage, to help jumpstart my Mining Operation…
This 1,000 Coin Box of U.S. $1 Coins will give me the Spending Power of 100,000 of todays Fiat USD’s…
Yes, I have more than one Box “standing by”…
Feel free to question anything I post…
that 1,000 coin box equaling the spending power of 100,000 today hits my accountant brain like a brick. Feels like your mixing purchasing power with denomination, unless prices rebase across the board the math won’t line up, and my calculator just sighed :) If the switch to stbale coinage really happens, clear conversion rules would be key so invoices, wages, and taxes don’t go sideways.
Over the years, I figure Fiat USD’s have lost “more” than 99% of their Spending Power, leaving “less” than 1%… This is why I figure our Common Coinage will be Grandfathered into our New Product Line of Stable Coinage, which will give our Common U.S. Coinage a 100 fold increase in Spending Power…. This tells me that $1,000 in Common U.S. Coinage could get me 10 of our One Ounce $100 Gold Coins or 100 of our One Ounce $10 Silver Coins on the “other side” of the Reset… Not bad, since 1,000 Fiat USD’s will only get me $10 in Common Coinage if I would have held onto my 1,000 Fiat USD’s…
makes sense why you'd favor coins over notes in a reset frame, and your right on the long slide in fiat power. Just note a 100x boost for common coinage is a policy choice, not metal content, so if the conversion is staggered or capped, the outcome could be way smaller. I’d model a few cases like 20x or 10x and keep some liqiudity in silver, small gold, and spendable cash to avoid getting stuck if the reset timing drifts. And watch taxes on swaps into the new coins, because a forced conversion can still be a taxable event in practice :)
My fine tuned version of the United States Monetary Correction has been well thought out… It’s true that our Common Coinage doesn’t contain any Precious Metals, but neither will our Silver Certificates, which will also be denominated in Cents… We will be adding 99 Decimal Cents to our Electronic Dollars and Cents, which contains no Precious Metals… Our “Circulating” Silver and Gold Coins will have “so much” Spending Power, I doubt that you’ll even be using them for your everyday spending… Silver Certificates and Electronic Coinage will be what’s used by most people… Common U.S. Coinage will mostly be used here in the States, and their Spending Power will be similar to the Spending Power of our Silver Certificates…. I consider what I came up with, will make for a very easy transition into our New Product Line of “StableCoinage” which will actually be stable… I’m always open to questions, so feel free…
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