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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (88748)11/8/2007 5:12:39 PM
From: sea_biscuit  Respond to of 110194
 
so far as i know the only promise behind "legal tender" is that you will get locked up if you use a kind that is not legal. if you expect laws to cease to exist so that you can pay your electric bill with bullion...

What is illegal about a private entity like a bank making it possible for me to pay my electric bill with 3.07654 grams of gold, instead of me paying it with toilet paper manufactured by the Bernanke-Greenspan Printing Press Unlimited?