One of the fascinating aspects of all the controversy about paper money v hard money, has been the
lack of knowledge of just how did it come about? Oh we can go back to paper money being a receipt
from bullion dealers offering money storage, and we can go the American Colonial Period and point to
the drastic shortage of coin that necessitated paper money issues. But those stories are fairly common
knowledge. What isn’t talked about even in school is the manipulation of the Supreme Court AFTER it
declared that PAPER MONEY WAS UNCONSTITUTIONAL!
Is Paper Money Legal
Posted by Martin Armstrong
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