DOLLARS - The liberty dollar.... is or was the greatest effort to solve our nations problems by private persons that I have seen put forth in the last 100 years. The only problem with them... is that not only did most people never hear of them, but all b

--BANNED-- by Admins Joined: Dec 19, 2007 Posts: 88

The liberty dollar....

is or was the greatest effort to solve our nations problems by private persons that I have seen put forth in the last 100 years.

The only problem with them... is that not only did most people never hear of them, but all banks, will not accept them.

that should of been the issue.

to force banks to accept them... in trade.

-MT

--BANNED-- by Admins Joined: Dec 18, 2007 Posts: 21

The great thing about a barter system is that you cannot be forced into anything. You give and receive based on what benefits you.

I preform computer repair and website development services on a regular basis. I choose to accept many forms of payment. I had someone pay me in pearls from a broken necklace once because she was to lazy to go to the bank and pay me in a few days. I had no use for them but turned around and sold them to a jeweler in exchange for silver. She was happy he was happy and I was happy.

Now there have been times where I turned down accepting FRN's. I did this because I knew the person normally paid for items in Liberty Dollars yet he was unsatisfied that I would not drop what I was doing for another client and come running to him. He paid me in Liberties but never heard from him again. He actually started going to my cousin for computer work and my cousin set him motherboard on fire some how.

So while it might be nice and benefit the freedom movement greatly it also is not right to force it on someone. For the record however I never had a problem trading these at my bank for spot price. I never used them at face value since I never purchased them at face value. I mostly get rounds for spending from http://www.apmex.com or http://www.kitco.com or get bars for savings. The object is not to support one company or another it is to use a currency backed by something of value.

Notice that while I did not value the pearls I still accepted them because I knew someone that did and could give me something I valued. Value is the key to any barter system.

--BANNED-- by Admins Joined: Dec 19, 2007 Posts: 88

banks....

are not someone...

each is a branch of the federal reserve bank....

period.

If liberty dollars are legal currency, then those banks... since there really is only one bank.... only one..

that one bank... who holds the monopoly... could via.. lawsuit...

could be forced to accept liberty dollars...

or at the very least... the forex exchanges at banks...

should be forced to accept them.

they dont...

and they never heard of liberty dollars.

why???

Because no effort was made to force them to do so.

they are controlled by the fed... and wont be doing anything unless legally forced to do so.

you guys scream about law and justice..

but if someone had sued the fed to force banks to trade liberty dollars through the forex exchange..

then low and behold..

the fed... would be helpless to resist.

but no one did so...

and now ed and elaine... are in jail.

-MT

--BANNED-- by Admins Joined: Dec 18, 2007 Posts: 21

Without first looking it up I would venture to think forex means foreign exchange if so then you would have a point. However for banks to acctually hold these in any other form except in a safety deposit box would almost be impossible. Banks may choose the currency they wish to hold and if they choose not to hold liberty dollars then they do not have to. As I stated if you are talking about a foreign exchange then I can see your point however if your comment goes beyond that then you may need to clarify that for me.