For The Record
One Man Think Tank
Wednesday, 29 April 2015
National Default, Dollar Collapse, Global Economic Crisis | Jim Willie (...
Difference between 'Money' and 'Legal Tender'
Legal Tender - What the Government says can be used in commerce - used to be beever pelts and salt
Money - Exchangable regardless of country of origin, same value if all of the same ounce, stands the test of time (Gold), cannot be reproduced and printed out of a printing press
US Dollar -
posing as legal tender, and definitely not money (at present time)
Share to Twitter
Share to Facebook
Share to Pinterest