No. It's a debt instrument. It says it right on the currency "Federal Reserve Note" it's a note that needs to be paid back to the Fed Rserve with interest. A private fot profit corporation not answerable to us or the govt., apparently.
End the Fed and we can have our own currency - which should just be a way to exchange goods and services.
No. It's a debt instrument. It says it right on the currency "Federal Reserve Note" it's a note that needs to be paid back to the Fed Rserve with interest. A private fot profit corporation not answerable to us or the govt., apparently.
End the Fed and we can have our own currency - which should just be a way to exchange goods and services.
The only real money is silver and gold.