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The Fed may create a US digital currency and wants your input
protocol ^ | 1/20/2022 | Lindsey Choo

Posted on 01/21/2022 9:12:45 AM PST by EBH

click here to read article


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To: EBH

Reduce banking fees and transfer fees


61 posted on 01/22/2022 6:46:17 AM PST by Oystir
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To: EBH

Most people use DC now.

Promoted largely back the ‘shortage of coins’.


62 posted on 01/24/2022 6:30:22 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: EBH

Most people use DC now.

Promoted largely by the ‘shortage of coins’.


63 posted on 01/24/2022 6:30:34 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Vermont Lt

yup


64 posted on 01/24/2022 6:30:58 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: SMARTY
Not the longest day I live

Sigh...

We already got rid of true MONEY long ago when the paper receipts we had in our wallets could be exchanged for GOLD or SILVER coins.

Our current 'money' is worth in reality about zero.

65 posted on 01/24/2022 6:39:56 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Terry L Smith
...i’ll stay with the stuff you can hear go clink!


CLUNK!!!



Open your wallet; pull out a bill.

Notice in the upper left corner what it can be exchanged for at any FR bank...

66 posted on 01/24/2022 6:45:39 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: BigOrangeI
Prosecutor: Why do you hack computers?
 
Willie Sutton III: Because that's where the money is!

67 posted on 01/24/2022 6:48:48 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: FLT-bird

Has anyone posted “...no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” yet??


68 posted on 01/24/2022 6:51:08 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Elsie

Back when FDR took us off the gold standard


69 posted on 01/25/2022 11:16:09 AM PST by SMARTY (Republics decline into democracies & democracies degenerate into despotisms. Aristotle)
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To: Elsie

legal tender

noun

 
  1. 1. Currency, such as coin and paper money, declared by law to be valid and sufficient for the payment of debts.
  2. 2. Any form of currency that by law cannot be refused as payment to extinguish a debt equal to the amount offered.
  3. 3. something that can be used as an official medium of payment
The American Heritage® Dictionary of the English Language, 5th Edition.

70 posted on 01/26/2022 3:39:13 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: EBH

CBDC

I worry more about the CB than the DC.

Right now, this country has no 'official' Central Bank (not that you'd learn this by reading most information about it.)

71 posted on 01/26/2022 3:48:36 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: DoughtyOne

https://www.facts-are-facts.com/news/the-federal-reserve-is-privately-owned


72 posted on 01/26/2022 3:49:22 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Elsie

that wording is long gone


73 posted on 01/26/2022 3:57:37 AM PST by EBH (Hold My Beer. 1776-2021 May God Save Us.)
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To: EBH
US Constitution, Article I, Section 8

The Congress shall have Power ... To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
Absent and derelict Congress, on this and many other matters; while at the same time it sticks its busybody where it does not belong.
74 posted on 01/26/2022 4:04:39 AM PST by Cboldt
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