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Elazar de Lusignan M.
Thomas Sowell
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Comments by "Elazar de Lusignan M." (@Elazar40) on "How The Federal Reserve Screws Us All - It's a Cancerous Scam | Thomas Sowell" video.
"I'm from the government, and I'm here to help you." - Ronald Reagan
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The book MONEY by James E. Ewart offers an excellent overview of the history of MONEY and currency in America. Fed Notes are interest bearing debt instruments, not MONEY. The DOLLAR is a measurement, not a value. MONEY is minted, currencies are printed. Whereas Notes were first issued as a Promise to Pay a specific quantity of MONEY to the bearer on demand, fractionalized banking has removed real MONEY from circulation. Crypto is a digitized form of currency that serves as a conveyance of a claim upon value. The minting of MONEY and a printing or digitization of currency is a public, not a Private Trust. Fundamentally, sound MONEY stabilizes and upholds the purchasing power of wages, earned savings and pensions. Interest on the national debt has debased (deflated) both MONEY and labor's role in a production of wealth.
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 @sophsdtr Well you'll recall when a bottomless cup of coffee was one silver dime. And the Nickel? This was one of the most popular coins in American history. A pocket full of nickles would buy you dinner and a night on the town. Remember the Nickelodeon and a 5 cent bag of candy? For fun, check out... The Million Dollar Nickel full shorts 1954.
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