Orchestrated Results.

Orchestrated results.
Since the changes in the monetary system of the 1930s, the federal government has unilaterally ceased to fulfill its monetary responsibilities required by the Constitution and has allowed the critical function of providing currency to the nation to be usurped by the Federal Reserve banks.
The minting of dollars of silver ceased in the 1930s in the gold reserves, so violently taken from from the American people were used to support greater and greater quantities of notes and gold reserve equipment requirement.
was lowered over a span of many years.
The vacuum created by congressional nonfeasance or malfeasance insofar as the currency system is concerned, enable the Federal Reserve system to play a greater and greater role in providing currency.
This favorable environment.
Followed directly as a result of this system proving its ability to bankrupt the federal government by the gold bonds it held immediately prior to June 5, 1933.
The open question is whether the Federal Reserve system did in fact have the gold required to pay the gold los the system held at the time.
A possible answer to this question seems to lie in the fact that the Federal Reserve Bank of New York had or has many tons of gold in its possessions beneath the streets of New York City and the further fact that the Federal Reserve claims a lien upon or title to all gold government possessed.
Since the debacle of the 1930s the Fed has provided monumental amounts of credit to the federal government to finance World War II, the Korean War, and the vast increase in social programs enacted by Congress. The increasing quantities of credit provided to the federal government has enabled it to acquire more and more control over the uh over the GNP of our nation.
On the day President Kennedy was buried when the country was looking the other way, the first irredeemable Federal Reserve notes were shipped out from the United States Treasury.
Shortly thereafter, the Treasury consulted Merrill Jenkins, a National national renowned expert on vending machines to determine how slugs could be used to operate vending machines. Jenkins suggested a sandwiched coin.
Thereafter, President Johnson used the media to promote the idea of a silver shortage and soon clad points came into circulation pursuant to the coinage Act of 1965, 1979254.
Once debased clad coins had been provided to the nation by the treasury, the one remaining step necessary to put the nation itself on the irredeemable promissory note standard was to prevent redemption of circulating notes with silver. This came in 1967 with the silver certificate Act 8177 which provided that redemption of silver certificates would end on June 24, 1968. The very next day, on June 25th.
1968, the nation was placed on a completely fiat irredeemable promissory note standard.
Standard
Since then, the nation has been floating upon a vast commercial sea of paper currency and credit and red ink.