Here's what I (a layman) see about metal coins and paper money:
•Coins Good - Backed by precious metal(s). Physical asset.
•Coins Bad - Can be counterfeited. No serial number per coin.
•Paper Good - Harder to counterfeit (especially higher bills). Accountability with a serial number. Physical asset.
•Paper Bad - The control that the Fed has over it where they can print more out of thin air, causing inflation.
Perhaps we the people should be able to elect six of the seven governors of the Federal Reserve instead of them being appointed by the President (although he would appoint the seventh governor), so we can have more control ourselves over the system.
Here's what I (a layman) see about metal coins and paper money:
•Coins Good - Backed by precious metal(s). Physical asset.
•Coins Bad - Can be counterfeited. No serial number per coin.
•Paper Good - Harder to counterfeit (especially higher bills). Accountability with a serial number. Physical asset.
•Paper Bad - The control that the Fed has over it where they can print more out of thin air, causing inflation.
Perhaps we the people should be able to elect six of the seven governors of the Federal Reserve instead of them being appointed by the President (although he could appoint the seventh governor), so we can have more control ourselves over the system.
Here's what I (a layman) see about metal coins and paper money:
•Coins Good - Backed by precious metal(s). Physical asset.
•Coins Bad - Can be counterfeited. No serial number per coin.
•Paper Good - Harder to counterfeit (especially higher bills). Accountability with a serial number. Physical asset.
•Paper Bad - The control that the Fed has over it where they can print more out of thin air, causing inflation.
Perhaps we the people should be able to elect six of the seven governors of the Federal Reserve instead of being appointed by the President (although he could appoint the seventh governor), so we can have more control ourselves over the system.
Here's what I (a layman) see about metal coins and paper money:
•Coins Good - Backed by precious metal(s). Physical asset.
•Coins Bad - Can be counterfeited. No serial number per coin.
•Paper Good - Harder to counterfeit (especially higher bills). Accountability with a serial number. Physical asset.
•Paper Bad - The control that the Fed has over it where they can print more out of thin air, causing inflation.
Perhaps we the people should be able to elect six of the seven governors of the Federal Reserve instead of being appointed by the President (although he could appoint the seventh governor), so we can have more control ourselves over the system.
Here's what I (a layman) see about metal coins and paper money:
•Coins Good - Backed by precious metal(s). Physical asset.
•Coins Bad - Can be counterfeited. No serial number per coin.
•Paper Good - Harder to counterfeit (especially higher bills). Accountability with a serial number. Physical asset.
•Paper Bad - The control that the Fed has over it where they can print more out of thin air, causing inflation.
Perhaps we the people should be able to elect six of the seven governors of the Federal Reserve instead of being appointed by the President (although he could appoint the seventh governor), so we can have more control ourselves over the system.
Here's what I (a layman) see about metal coins and paper money:
•Coins Good - Backed by precious metal(s). Physical asset.
•Coins Bad - Can be counterfeited. No serial number per coin.
•Paper Good - Harder to counterfeit (especially higher bills). Accountability with a serial number. Physical asset.
•Paper Bad - The control that the Fed has over it where they can print more out of thin air, causing inflation.
Perhaps we the people should be able to elect six of the seven governors of the Federal Reserve instead of being appointed by the President (although he could appoint the seventh governor), so we can have more control ourselves over the system.
Here's what I (a layman) see about metal coins and paper money: •Coins Good - Backed by precious metal(s). Physical asset.
•Coins Bad - Can be counterfeited. No serial number per coin.
•Paper Good - Harder to counterfeit (especially higher bills). Accountability with a serial number. Physical asset.
•Paper Bad - The control that the Fed has over it where they can print more out of thin air, causing inflation.
Perhaps we the people should be able to elect six of the seven governors of the Federal Reserve instead of being appointed by the President (although he could appoint the seventh governor), so we can have more control ourselves over the system.