State Issued
Home Tags Fiduciary money

Tag: fiduciary money

Fiduciary money is a medium of exchange composed usually of some intrinsically valueless substance, typically paper, which the issuer promises to redeem on demand in commodity money, such as gold or silver coin, or gold and silver bullion.

Stay connected

22,628FansLike
3,875FollowersFollow
21,200SubscribersSubscribe
- Advertisement -

Related Topics

Tyranny: John Locke

“Usurpation” and “Tyranny”

"Usurpation"“Usurpation” – the exercise of some otherwise legitimate governmental power as to which the particular actor actor enjoys no legal claim.Source: John Locke, Two Treatises of Government,...
Gun Contrlol

“Gun Control”

"Gun Control"In the pre-constitutional period, had the term been current, “gun control” would have meant, not keeping firearms and ammunition away from as many...
unconstitutional powers

“Emergency Powers”

"Emergency Powers"The real "emergency" that confronts Americans is the lust of aspiring and conspiring usurpers and tyrants for power WE THE PEOPLE have withheld...