Wednesday, February 9, 2011

What is Real Money


I've been updating some pages on my web site like Quotes About Money, and Gold and Silver Terms. Doing so the subject of real money keeps occurring. What is real money? Do you know? Is it the federal reserve notes in your pocket? No, those are instruments of indebtedness. For every one issued we citizens owe interest to the Federal Reserve and the world bankers.

Real money has been gold and silver since 500 B.C. Today in the United States they are not classified as real money by the U.S. Government, but in the real world they can easily be exchanged for more and more federal reserve notes every day.

The constitution says only the congress can coin money. According to that only precious metals can be real money.

What do you think?

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