It applies to the U.S. dollar. The U.S. dollar, by law, is $42.22/oz. The POINT is that any other value is a scam.
We live in a scam economy. This is not news to anyone, but this law proves it. This law shows that the laws that create our economy themselves are contradictory. Our economy can't exist legally. The Federal Reserve Note can't exist legally. The exchange rate between the U.S. dollar and the Federal Reserve Note is supposed to be 1:1 by law. The exchange rate between the U.S. dollar and 1 oz. of gold is supposed to be $42.22. The exchange rate between the Federal Reserve Note and an ounce of gold at anything besides $42.22 is a fraud. It is a scam. It is thievery.
Our economy isn't just "broken," it is illegal (not to mention unconstitutional).
That law is only applicable to USA jurisdictions and is probably moot. The rest of the world ignores USA law.
It applies to the U.S. dollar. The U.S. dollar, by law, is $42.22/oz. The POINT is that any other value is a scam.
We live in a scam economy. This is not news to anyone, but this law proves it. This law shows that the laws that create our economy themselves are contradictory. Our economy can't exist legally. The Federal Reserve Note can't exist legally. The exchange rate between the U.S. dollar and the Federal Reserve Note is supposed to be 1:1 by law. The exchange rate between the U.S. dollar and 1 oz. of gold is supposed to be $42.22. The exchange rate between the Federal Reserve Note and an ounce of gold at anything besides $42.22 is a fraud. It is a scam. It is thievery.
Our economy isn't just "broken," it is illegal (not to mention unconstitutional).