Yes, but the title and text here doesn't seem to agree with the order's text. The order merely delegates the President's extant power to issue silver certificates to the Treasury Secretary. No new currency, no indication Johnson immediately revoked it (it lapsed in 1964), no new "printing money based on a silver standard". If Wikipedia is accurate Kennedy was speaking against silver certificates and in favor of FRNs and the theory was only developed by someone named Jim Marrs.
If we were to assume Kennedy had a secret plan to use 11110 to issue a new kind of silver certificate that might actually hurt the Fed, but I don't see that. The linked article's evidence is:
In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous. With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificates were to come into circulation they would have eliminated the demand for Federal Reserve notes.
But US notes are not silver certificates! The fact that Kennedy put many US notes into circulation does not indicate intent for or against silver. Neither are new currency.
The theory that 11110 is not rescinded merely means, if true, the Treasury can start printing silver certificates anew anytime. Try and get them to, without a Q-level movement.
Yes, but the title and text here doesn't seem to agree with the order's text. The order merely delegates the President's extant power to issue silver certificates to the Treasury Secretary. No new currency, no indication Johnson immediately revoked it (it lapsed in 1964), no new "printing money based on a silver standard". If Wikipedia is accurate Kennedy was speaking against silver certificates and in favor of FRNs and the theory was only developed by someone named Jim Marrs.
If we were to assume Kennedy had a secret plan to use 11110 to issue a new kind of silver certificate that might actually hurt the Fed, but I don't see that. The linked article's evidence is:
But US notes are not silver certificates! The fact that Kennedy put many US notes into circulation does not indicate intent for or against silver. Neither are new currency.
The theory that 11110 is not rescinded merely means, if true, the Treasury can start printing silver certificates anew anytime. Try and get them to, without a Q-level movement.