Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Four people have been indicted for unlawful coin operation in U.S. District Court for the Western District of North Carolina.
The President of Liberty Dollar, Bernard von NotHaus, 65, formerly of Evansville, Sarah Jane Bledsoe, 42, and Rachelle L. Moseley, 34, both of Evansville were indicted, along with William Kevin Innes of Asheville, NC.
Apparently the government doesn't think it's fraudulent, worthless paper money can stand any competition from sound money.
Four people have been indicted for unlawful coin operation in U.S. District Court for the Western District of North Carolina.
The President of Liberty Dollar, Bernard von NotHaus, 65, formerly of Evansville, Sarah Jane Bledsoe, 42, and Rachelle L. Moseley, 34, both of Evansville were indicted, along with William Kevin Innes of Asheville, NC.
Liberty Dollar indictments made - 14 News, The Tri-State's News and Weather Leader-
Apparently the government doesn't think it's fraudulent, worthless paper money can stand any competition from sound money.
Four people have been indicted for unlawful coin operation in U.S. District Court for the Western District of North Carolina.
The President of Liberty Dollar, Bernard von NotHaus, 65, formerly of Evansville, Sarah Jane Bledsoe, 42, and Rachelle L. Moseley, 34, both of Evansville were indicted, along with William Kevin Innes of Asheville, NC.
Liberty Dollar indictments made - 14 News, The Tri-State's News and Weather Leader-
Apparently the government doesn't think it's fraudulent, worthless paper money can stand any competition from sound money.
Their money was sound?
In what way exactly was it sound money, Kevin?
I read the article.
I see no indication that their paper was anything but worthless script.
Liberty Dollar indictments made - 14 News, The Tri-State's News and Weather Leader-
Apparently the government doesn't think it's fraudulent, worthless paper money can stand any competition from sound money.
Their money was sound?
In what way exactly was it sound money, Kevin?
I read the article.
I see no indication that their paper was anything but worthless script.
.It's backed by or made out of gold and silver
Liberty Dollar
The Liberty Dollar is superior money
Private Money is novel new product that is bringing millions of Americans together who are concerned about the money's loss of purchasing power, as examplified by higher gasoline and food prices. Through the use of beautiful artwork, an image of the Statue of Liberty, brilliant colors, serial numbers, silver foil, a hologram and superior counterfeit features on special paper, The Liberty Dollar is designed to solicit a response! And, voila! The number of concerned Americans using the new Libety Dollar has been growing ever since 1998. Over $20 million dollars has already been converted into Liberty Dollars, and as hard times ahead become painfully more evident, it is more important for you to protect your money.
The idea of the Liberty Dollar is to simply offer a proven, peaceful, and profitable solution to the steady loss of the purchasing power of your money. By converting your old, tired, depreciating US dollars into gold and silver Liberty Dollar certificates that are backed, insured, and guaranteed by a monthly independent audit, you have chosen to join thousands of other concerned American who are protecting themselves and our country from the US dollar and the posibility of a global financial crisis.
What is this thread about?
Sounds like some criminals were creating counterfeit money and encouraging people to use it. They should go to jail.
End of discussion. Next.
For a long time they sold gold minted coins. Backed by paper? news to me.
What is this thread about?
Sounds like some criminals were creating counterfeit money and encouraging people to use it. They should go to jail.
What is this thread about?
Sounds like some criminals were creating counterfeit money and encouraging people to use it. They should go to jail.
End of discussion. Next.
Well it's not the end of the discussion, because they're not criminals. It also wasn't counterfeit money. It was a distinctly different currency from that which the federal government forces us to use, and it had real value as opposed to the worthless government-backed green paper and tin coins.
That is what I am saying they made gold coins... I had never heard of them selling paper..only gold and silver coins. If they are selling gold and silver I don't see where it should be a problem.For a long time they sold gold minted coins. Backed by paper? news to me.
Why would a gold minted coin need to be backed by paper? I'm not sure what you're referring to.
To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
What is this thread about?
Sounds like some criminals were creating counterfeit money and encouraging people to use it. They should go to jail.
Well maybe if they'd start by putting the PROFESSIONAL counterfeiters at the Federal Reserve in jail you'd have a point, however this is an example of not only a double standard but with a serious dose of irony thrown in too boot.
A power given to the Congress by the US Constitution.
To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
LII: Constitution
Private money is not LEGAL tender and is nothing more then a novelty worth no more than the value of the metal in the coins. Paper money is worth nothing unless one has a legal document establishing that the paper is worth some amount and backed by US money.
If you're going to engage in a conversation, don't speak in bullshit.
A power given to the Congress by the US Constitution.
To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
LII: Constitution
Private money is not LEGAL tender and is nothing more then a novelty worth no more than the value of the metal in the coins. Paper money is worth nothing unless one has a legal document establishing that the paper is worth some amount and backed by US money.
The last time I read through the liberty dollar site I recall they said it was a novelty. It is ridiculous that the federal government is taking these people to task for selling gold or silver that is measured out and minted.
If you're going to engage in a conversation, don't speak in bullshit.
*WHOOSH*
Apparently you don't realize that federal reserve notes are essentially counterfeit money (that's ulitmately what fiat currencies are after all) nor appreciate the irony that while it's perfectly legal for the Fed to produce them they're arresting people for coining sound money (gold and silver).
Only if the salesman is unaware of the current value of the gold contained within the coin (in which case he's kinda foolish in accepting the deal, right?), however it still has a real and lasting value, printing a number on it doesn't change that.They are selling Gold coin - 1/4 oz of gold - that is marked as a $500 coin. Today, since gold is $955.35 per oz (as per goldprice.org) that coins true worth is less than $250. And it will flucutate with the price of gold.
So, essentially, if you laid down four of these "$500" coins to pay for a plasma TV, the salesman than accepted these coins would be jipped by 50% when he tried to cash them in.
Actually the 20 $100 US bills is the fraud since due to inflation they'll always be worth less in the future and thus the longer said merchant holds those notes the less they are worth.... which is probably why you'd rather have that Plasma TV instead of the $100 US bills in the first place, huh ?The same doesn't happen if you lay down 20 $100 US bills.
