I just think it's much more likely that the things that have happened many, many times over the last 5,000 years will happen again. It might not be a 100% gold or gold-backed currency, but I don't see anyone believing that US coins are worth anything when the bills aren't worth the paper on which they're printed.
That being said, if you're getting something from your theory, then have fun doing it. I would suggest that just in case you're wrong that you have a plan to turn all those coins into something that will have purchasing power. Just my opinion.
Well, the "Bills" are just that... Federal Reserve Notes, belong to the Federal Reserve Bank Owners... Using their Money is similar to Renting a Fleet of Cars... Until the Cars are Removed as a Rental, and Replaced with our own Fleet of Cars, we will continue to Pay and Pay and Pay..
U.S. Bullion Coinage will mostly be used for a Persons "Saving"... Circulating Coinage will be in Physical Paper Coinage or Physical Clad Coinage, as well as U.S. Crypto Coinage, denominated in Dollars and Decimal Cents... All will be backed by U.S. Bullion Coinage... Face Value for Face Value...
Remember... $50 in either Clad Coinage or Bullion Coinage will have the same "Spending Power" as 5,000 of the Old Federal Reserve (Debt) Notes...
No, we're not going to make the same Mistakes that were made in the Past... Feel free to Save your Money in U.S. Bullion Coinage, knowing that you'll always be able to obtain an "equal" amount of U.S. Coinage...
Remember this... Sound Money will be "Very Stable"... Every Country will be Sending us their Gold and Silver, to get their Hands on Our Bullion Backed Coinage... They sell it to us for Melt Value and get it back at Face Value... We don't even need to use our own Gold... This is a Super Win Win, for We the People...
Using their Money is similar to Renting a Fleet of Cars
Yes, but if the leased Company X cars are worthless because they always break down, that doesn't mean that people will be happier owning Company X cars that always break down. They're still crappy cars, we just own rather than leasing.
How are you going to guarantee that $50 will have the same purchasing power as the previous $5,000 unless there's price-fixing?
Every Country will be Sending us their Gold and Silver, to get their Hands on Our Bullion Backed Coinage
Ha, ha ha, that's funny!
Even if the US adopted your idea (and that's a big "if"), other countries won't be sending us their gold and silver for our clad coinage. Why would they want our gold-backed currency if they have their own gold? Would you rather have a coupon for a steak dinner or a steak dinner? When it's dark, would you rather have a certificate that says you have flashlight, or would you prefer having the actual flashlight.
No, I don't see that happening either. It's much more likely that the SDR will be the next world reserve currency. I'm 99.9999999999% sure it will not be clad US coinage. If I were a betting man, I'd give you ridiculously long odds on that one. Why would the other central banks like China and Russia be buying gold if US clad coins were going to be worth so much. Because they want to hold their purchasing power, not a note for it.
Would you rather have a certificate for popcorn, or actual #popcorn?
Look at it this way... In my Opinion the Fed Dollar has lost 99% of its "Spending Power"... One Percent of a Dollar is One Cents worth of "Spending Power" remaining...
The remaining Spending Power of the Fed Dollars will "Transfer" into our U.S. Coinage... Call it a Transfer of Wealth... A Penny will still be a Penny, but it's Spending Power will be the same as one of the Old Fed Dollars...
My Pocket Change Theory is really very Simple, and we already have Clad and Bullion Coinage spread out all over the United states, just standing by, waiting for the U.S. Monetary Reset...
Let me put it this way... Currently you can buy a Pound of Pure Copper for Three "Paper" Fed Dollars... So, why would it be so hard for anyone to believe that after the U.S. Monetary Reset, you wouldn't be able to buy that same Pound of Pure Copper for Three Copper Coated, Zinc Pennies...??? Do you think Paper should be of a higher Value than Coinage...???
It looks like you're having trouble seeing my Theory as our only Hope for Sound Money... And you're like most People... I grew up using Fed Dollars... But after the Reset, you won't be able to buy Two Rolls of Pennies for a Fed Dollar...
Oh, and you must also take this into consideration... If a Person is Currently earning 25 Fed Dollars per Hour now, that will become 25 Cents per Hour, after the U.S. Monetary Reset... Five Fed Dollars doesn't seem like much Money today, but after the Reset, Five Dollars in U.S. Coinage will be a lot of Money... Not just Clad Coinage, but also Paper Coinage, Crypto Coinage and Bullion Coinage...
You Laughed about Countries sending us their Gold... Wouldn't you be willing to Sell your Gold for 3,500 Fed Note Dollars...??? $35 in U.S. Coinage, will have the same "Spending Power" as 3,500 Federal Reserve Note Dollars...
Countries sell us their Gold for $35 per Ounce and receive $35 "Face Value" in U.S. Coinage in "whichever" Form they Choose... U.S. Bullion Coinage, U.S. Clad Coinage, U.S. Paper Coinage or U.S. Crypto Coinage...
Even our Decimal Cents will be backed by U.S. Bullion Coinage...
As far as I know, I'm the Original Source of my Fine Tuned P.C. Theory...
I believe I "Solved" and came up with the only "Solution" to the New U.S. Bullion Backed, Monetary System...
August 8, 2019... 14.9 Hollywood Time...
I just think it's much more likely that the things that have happened many, many times over the last 5,000 years will happen again. It might not be a 100% gold or gold-backed currency, but I don't see anyone believing that US coins are worth anything when the bills aren't worth the paper on which they're printed.
That being said, if you're getting something from your theory, then have fun doing it. I would suggest that just in case you're wrong that you have a plan to turn all those coins into something that will have purchasing power. Just my opinion.
Well, the "Bills" are just that... Federal Reserve Notes, belong to the Federal Reserve Bank Owners... Using their Money is similar to Renting a Fleet of Cars... Until the Cars are Removed as a Rental, and Replaced with our own Fleet of Cars, we will continue to Pay and Pay and Pay..
U.S. Bullion Coinage will mostly be used for a Persons "Saving"... Circulating Coinage will be in Physical Paper Coinage or Physical Clad Coinage, as well as U.S. Crypto Coinage, denominated in Dollars and Decimal Cents... All will be backed by U.S. Bullion Coinage... Face Value for Face Value...
Remember... $50 in either Clad Coinage or Bullion Coinage will have the same "Spending Power" as 5,000 of the Old Federal Reserve (Debt) Notes...
No, we're not going to make the same Mistakes that were made in the Past... Feel free to Save your Money in U.S. Bullion Coinage, knowing that you'll always be able to obtain an "equal" amount of U.S. Coinage...
Remember this... Sound Money will be "Very Stable"... Every Country will be Sending us their Gold and Silver, to get their Hands on Our Bullion Backed Coinage... They sell it to us for Melt Value and get it back at Face Value... We don't even need to use our own Gold... This is a Super Win Win, for We the People...
August 8, 2019... 16.0 Hollywood Time...
Yes, but if the leased Company X cars are worthless because they always break down, that doesn't mean that people will be happier owning Company X cars that always break down. They're still crappy cars, we just own rather than leasing.
How are you going to guarantee that $50 will have the same purchasing power as the previous $5,000 unless there's price-fixing?
Ha, ha ha, that's funny!
Even if the US adopted your idea (and that's a big "if"), other countries won't be sending us their gold and silver for our clad coinage. Why would they want our gold-backed currency if they have their own gold? Would you rather have a coupon for a steak dinner or a steak dinner? When it's dark, would you rather have a certificate that says you have flashlight, or would you prefer having the actual flashlight.
No, I don't see that happening either. It's much more likely that the SDR will be the next world reserve currency. I'm 99.9999999999% sure it will not be clad US coinage. If I were a betting man, I'd give you ridiculously long odds on that one. Why would the other central banks like China and Russia be buying gold if US clad coins were going to be worth so much. Because they want to hold their purchasing power, not a note for it.
Would you rather have a certificate for popcorn, or actual #popcorn?
Look at it this way... In my Opinion the Fed Dollar has lost 99% of its "Spending Power"... One Percent of a Dollar is One Cents worth of "Spending Power" remaining...
The remaining Spending Power of the Fed Dollars will "Transfer" into our U.S. Coinage... Call it a Transfer of Wealth... A Penny will still be a Penny, but it's Spending Power will be the same as one of the Old Fed Dollars...
My Pocket Change Theory is really very Simple, and we already have Clad and Bullion Coinage spread out all over the United states, just standing by, waiting for the U.S. Monetary Reset...
Let me put it this way... Currently you can buy a Pound of Pure Copper for Three "Paper" Fed Dollars... So, why would it be so hard for anyone to believe that after the U.S. Monetary Reset, you wouldn't be able to buy that same Pound of Pure Copper for Three Copper Coated, Zinc Pennies...??? Do you think Paper should be of a higher Value than Coinage...???
It looks like you're having trouble seeing my Theory as our only Hope for Sound Money... And you're like most People... I grew up using Fed Dollars... But after the Reset, you won't be able to buy Two Rolls of Pennies for a Fed Dollar...
Oh, and you must also take this into consideration... If a Person is Currently earning 25 Fed Dollars per Hour now, that will become 25 Cents per Hour, after the U.S. Monetary Reset... Five Fed Dollars doesn't seem like much Money today, but after the Reset, Five Dollars in U.S. Coinage will be a lot of Money... Not just Clad Coinage, but also Paper Coinage, Crypto Coinage and Bullion Coinage...
You Laughed about Countries sending us their Gold... Wouldn't you be willing to Sell your Gold for 3,500 Fed Note Dollars...??? $35 in U.S. Coinage, will have the same "Spending Power" as 3,500 Federal Reserve Note Dollars...
Countries sell us their Gold for $35 per Ounce and receive $35 "Face Value" in U.S. Coinage in "whichever" Form they Choose... U.S. Bullion Coinage, U.S. Clad Coinage, U.S. Paper Coinage or U.S. Crypto Coinage...
Even our Decimal Cents will be backed by U.S. Bullion Coinage...
August 8, 2019... 16. 6 Hollywood Time...