Skip to comments.New Dollar coin "In God We Trust" IS GONE!
Posted on 05/07/2009 4:08:09 PM PDT by American Dream 246
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There are two ways to take a particular form of currency out of circulation... by not accepting it, and by not spending it.
I would say that the former would be an ineffective means of protesting the new coin for two reasons...
1. not enough people would do it
2. the person owing you the money could legally claim the debt paid for your refusal to accept the US backed currency.
The latter method could have a more lasting and more profitable result... by hording these coins and not spending them, we could keep them out of circulation.
If enough people did that, the same impact would be felt at the treasury, the policy would be changed, and those who horded the coins might even make a little money on them down the road. As long as they are kept out of circulation, and enough people refused to SPEND them, the same result may be possible.
Here’s another idea....
We could alter the new coins by imprinting “in God we Trust” on them, and then spend them.
poor noob, not to worry, it won’t be the last time...I still get caught once in a while..*LOL*
Instead of “In God We Trust,” it says, “Obama Doesn’t Like Competition.”
I also heard the Iranians were going to destroy the value of the dollar by pricing their massive oil exports in Euros. And China is going to dump all US securities. And the US is going to respond by getting rid of US currency in favor of a joint, multinational currency of the Americas. Oh, and Jerry “The Beaver” Mathers was killed in Vietnam.
Wow! A believer who isn't an hysterical ninny.
Probably more common in the "real" world than on the 'net. :)
This was discussed about 3 years ago. It was also believed at the time if the iranians did this it would be all over for them.
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