Kevin_Kennedy
Defend Liberty
- Aug 27, 2008
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- #41
And again for the stupid and the slow. In the United States ONLY the Federal Government can print MONEY.
I'm not sure who you're referring to with the stupid and slow comment.
At any rate, if private parties want to accept gold and silver as payment, rather than continuously depreciating green pieces of paper, then there's nothing wrong with that.
Well ya EXCEPT Liberty PRINTED paper money. Further they advertised as if their coins and dollars were legal script.
Paper money backed by gold and silver that people were free to refuse to have any part in if they so chose.
"3. Although prudence would seem to indicate that people would refuse a currency they've never seen, this is simply not the case. After thousands of transactions, the Liberty Dollar is readily accepted most of the time. It is meant to be circulated voluntarily as barter, accumulated and collected."
"4. Simply offer The Liberty Dollar with the confidence that it will be accepted. After all, why wouldn't it? When you offer the American Express Card, if it is not accepted, they tell you. Likewise, if the store does not accept Liberty Dollars, the cashier will tell you and you can simply pay another way."
How to Use the Liberty Dollar
Sounds like they're simply promoting it as an alternate form of payment, and people were free to accept or refuse it.