Skip to comments.Silver as Money back in Circulation
Posted on 02/13/2003 11:08:05 AM PST by BlackJack
A small company in the Ozarks is offering business the opportunity to bring Silver Money back into circulation, and has chosen NORFEDs Liberty Dollars for its vehicle. Ozark Monetary Services of Berryville, Arkansas, has created a program that ensures that any business that accepts Liberty Dollars cannot lose money for doing so and its gaining popularity across the country, with some potentially heavy hitters looking it over closely.
OMS Spokesman David Cato confirms that the company has had discussions with a couple of nationally known marketing giants, but declined to offer specifics.
What were doing is promoting the program to all businesses, and its so simple that its basically a no-brainer, says David. Any business that signs up for the program agrees to accept Liberty Dollars, and return them to their customers in change.
This results in two things happening: first, the customer will in all likelihood return to the store to spend the money again, and other customers who hear about the new money will come to learn more and get some for themselves. For each Liberty Dollar given out in change, the merchant retains a dollar in Federal Reserve money, what were all used to.
Asked about the possibility of merchants being overwhelmed by Liberty Dollars, which can be traded with customers, but cant be deposited to most banks or used to pay government debts, David explained, Thats what the OMS Program is all about; anytime they get too many to keep in local circulation, OMS will buy their Liberty Dollars back from them at full face value.
The community benefits, as well, since OMS and others who promote the Liberty Dollar will occasionally offer the local public the opportunity to exchange their regular money for Liberty Dollars at a discount, gaining as much as ten percent in spendable value on the amount they choose to exchange!
Christmas and other holidays, as well as graduation time, are likely candidates for the special exchanges. The result is an increase in sales, and thereby an increase in profits, for those businesses who participate in the program, and there are even ways for merchants to purchase them at discount in order to make even more money while making change.
Liberty Dollars are paper Silver Certificates which are backed by silver, and theres even a solid silver ten-dollar Silver Liberty piece. Merchants subscribing to the program can accept either the Silver Liberty, or the Liberty Dollar Silver Certificate, which is similar to the bills were accustomed to and more easily carried around. Either way, customers are almost certain to return to where they got the new money when they need something that merchant sells, so customer loyalty is a direct result of the program.
As for cost, there isnt any. Merchants can sign up without any cost, and enjoy all of the benefits and guarantees, which are made in writing.
This isnt about making money, says David, although thats one benefit of it, and the merchants who participate will see some pretty impressive increases in their sales and profits. What its really about is getting real value back into the hands of the American People, and making that value an exchangeable commodity in todays marketplace.
Interested businesses can contact OMS at 877-561-7263, or by email at:
email@example.com. OMS is a spin-off and partner of ALFII.com, the online financial-privacy club that offers alternatives to conventional banking, even down to an anonymous MasterCard and a way to replace your existing checking account.
No state shall enter into any treaty, alliance, or confederation; grant letters of marque and reprisal; coin money; emit bills of credit; make anything but gold and silver coin a tender in payment of debts ; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts, or grant any title of nobility.
Did you all see AG squirm and waffle as our Reps grilled him yesterday??
I wonder if anyone has tested that.
OTH This says nothing about banks, which issued notes (paper money) prior to the Civil War.
True, but they are selling paper money, not coin.
However, I don't see the point, since nobody is making money off of this. And you have to trust that the private company will indeed "buy them back". If that company goes under, or takes the money and runs, then people and merchants are stuck with the paper. Or maybe the company figures they will take people federal dollars in exchange for "Liberty" dollars and just bank the federal dollars and earn interest. When someone wants to exchange the Liberty dollars back for federal dollars, they do so. Which means if enough people signed up for this, the company could make money and survive...but what is the point? Why would people want these darn "dollars" anyway?
or trade them for something real while that's still possible. Anyway that's what Gspan wants. Soooooo much moola, you don't mind thrown down a few just to do it even.
Sooooo much mooola that there's no sense in hoarding, saving, collecting.
....... then go get some credit.
... aaaaaaaaaaaaah, I think ... it's 2003 this year.
Time's change ? Don't things change ?