Title: It's Fraud & Theft, The Central Banks Get Special Set Of Laws To Steal Our Wealth: Mike Maloney Source:
[None] URL Source:https://www.youtube.com/watch?v=2KtJ77YHxJc Published:Nov 10, 2018 Author:X22Report Spotlight Post Date:2018-11-10 16:07:41 by BTP Holdings Keywords:None Views:469 Comments:1
Mike has one of the world's most highly regarded investment education companies since 2005. He is author of the best selling precious metals investment book of all time, Guide to Investing in Gold and Silver. Mike is the creator of the video series Hidden Secrets Of Money, Mike has two new episodes out called Fall Of Empires: Rome vs USA Ep 9) & American Bread & Circus Ep 10). Mike is the founder and owner of GoldSilver.com
Soon after private ownership of gold was banned during 1933, all of the remaining types of circulating currency, National Bank Notes, silver certificates, Federal Reserve Notes, and United States Notes, were redeemable by individuals only for silver. Eventually, even silver redemption stopped during June 1968, during a time in which all U.S. currency (both coins and paper currency) was changed to fiat currency. For the general public there was then little to distinguish United States Notes from Federal Reserve Notes. As a result, the public circulation of United States Notes, then mainly in the form of $2 and $5 bills, was replaced with $5 Federal Reserve Notes and, eventually, $2 Federal Reserve Notes as well. United States Notes became rare in hand-to- hand commerce and the Treasury converted most of the outstanding balance into $100 United States Notes which spent most of their time in bank vaults. No more United States Notes were printed after 1966 and distribution into public circulation ended January 21, 1971.[21] In September 1994 the Riegle Improvement Act[22] released the Treasury from its long-standing obligation to keep the notes in circulation and finally, during 1996, the Treasury announced that its stock of $100 United States Notes had been destroyed.[23]