Q & A with Andrew

No. The Federal Reserve Bank has the exclusive power to create money in the United States. In effect, this bank has been allowed to borrow money from our collective future, and our children's and grandchildren's futures, and loan it to our present government. That is taxation without [...]

One thing to realize about our fractional reserve banking system is that, like a child's game of musical chairs, as long as the music is playing, there are no losers. As long as people that own credit dollars ( these are notes that are not yet printed, but are simply "blips" in an [...]

You could save money throughout your life, and every dollar you saved would retain its full purchasing power. Clearly this is currently not the case. Retaining wealth in Federal Reserve Notes is a recipe for wealth [...]

 No. The value of American currency is now set behind closed doors, by officials of the Federal Reserve [...]

The reason that gold and silver were chosen as a denominator, was because of the limited supply of these metals, as well as their unique characteristics of division and durability. Having experienced the inflation that paper money produced, they wanted to ensure that the new Government was limited [...]

The Founding Fathers knew that it was imperative that monetary values remain constant. Without monetary stability, it's impossible to save for the [...]

As prescribed by the Constitution, monetary values were to be fixed in metal and approved by Congress, and any change in the standard was a matter of public record. At the time the Constitution was adopted, the dollar was fixed and defined as 375.64 grains of fine silver. Six years later the [...]

 In 1967 the average three-bedroom home was about $14,000. A top of the line car could be purchased for around $3,000. A 1799 ten dollar gold piece could have been purchased for about 300 dollars. Today, that house is worth $150,000. The car is selling for $30,000… a ten-fold increase. [...]

Are Federal Reserve Notes Constitutionally valid as money?   Federal Reserve notes are Legal Tender, but are not in fact Constitutionally lawful money. Per Article 1, Section 10, Clause 1 of the Constitution: "No State… shall make any Thing but Gold and Silver coin a Tender in [...]

  An individual will always be able to trade his labor for produce. An individual can be likewise assured that he will be able to trade gold and silver for produce. But can one be certain that he’ll always be able to trade Federal Reserve   {mosloadposition related} [...]