Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind
Athens in the fourth century B.C. chose to mint “redheads”, silver coins with bronze cores that were quickly exposed once the patina around the coins’ imprinted busts wore off. Rome did the same thing, and by the fourth century AD simply flooded its provinces with money of little real value.

But . . .the Romans demanded tax payments in solid gold and silver. So . . . Obama will hand out billions in fiat currency but demand tax payments in silver or gold. At one time that could be interpreted as an outrageous statement, but the way things are going, it isn't so far-fetched.

7 posted on 03/09/2009 4:21:44 PM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Oatka

Remember this — FDR made possession of gold illegal.


9 posted on 03/09/2009 5:29:36 PM PDT by SeekAndFind
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson