All my U.S. Dollar paper money has "Federal Reserve Note" printed on it.

None of my U.S. Dollar coins have that printed on them.

So.... is the coin inherently safer than the FRN in case of extreme banking troubles? Is it possible that the United States Government could dump the FRN and switch to U.S. Dollar Money as a way of shedding the global banking parasites? I think this could lead to a whole new series of paper money, U.S. coin usage in the interim, and gold becoming very valuable for international trade not to mention a solid valuation of U.S. standards of living.

just remember that all our coins are now made out of worthless metal, as in they are worth less than what tender they represent. The Fed is the number one holder of U.S. debt, I have a hard time thinking they would want anything to do with change in the first place. Although it would be funny if we could repay all the debt owed to them(and get a little payback for the stranglehold of our monetary system) collecting all the change in the nation to make installments on our debt. Then when they want to exchange the coins for cash, we can charge them a nominal exchange fee. Or helicopter loads full of pennies dropped from about 1000 feet right on the Federal Reserve headquarters.

Your coins aren't worth their value. They aren't made out of gold or silver anymore so they are as unsafe as your notes.

I'm talking about a coin made by the U.S. Mint that is denominated in U.S. Dollars. Bypass the Bureau of Engraving and Printing. Start replacing paper with coins until all the paper is gone. Eventually you could make a new series of paper notes, but to begin you would just use coins as an easy way of recognizing the goal of getting rid of the paper notes.

It doesn't matter what the coin is made of. Gold and silver still trade at free market values in all currency. You can buy gold and silver if you want. I'm saying that the U.S. Government could start to replace FRNs. Or does this always get the President shot like Lincoln and Kennedy?



[edit on 12-3-2010 by Cabaret Voltaire]

i'm going out tomorrow (tuesday 16 march '10) and purchasing
a fistfull of dollars {the Silver type of Silver-Eagles) minted by the US Treas.
they are intrinstically worth whatever One Ounce of .999% silver is worth

they are not made of the junk metals of 1964 and later coins,
the Canadian Maples are .9999% silver but are less expensive than the US Eagle Silver...

tonight, the coins were spot priced at $19.51 USD and the better grade Maple Leaves with QE on the front, selling for $19.03
If the Authorized Dealer has Canadian's that what i will buy more of.

in any case, i'm a small time accumulator = maybe 3-5 coins tommorrow
& stash 'em fo later