Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: IngotWeTrust who wrote (3121)	1/19/1999 9:52:00 PM
From: ForYourEyesOnly	Read Replies (1) of 81091

Found some info regarding currency: 1. Value of US$ "Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything This has been the case since 1933. The notes have no value for themselves, but for what they will buy. In another sense, because they are legal tender, Federal Reserve notes are "backed" by all the goods and services in the economy." treas.gov 2. Printing Presses Running Fast treas.gov They are printing LOTS of money.....how much is taken out of circulation is another issue....let me know if you find the figures. Good luck, THC

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