« G8 Pretends There Are No Trade Problems! | Main | 'Financial Armageddon' By Michael J. Panzner »

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451c0bf69e200d83544f08253ef

Listed below are links to weblogs that reference The Yen Rises Slightly In Value, Japan Flips Out:

Comments

David Wozney

Re: “The dollar fell to 121.15 Japanese yen...

A “Federal Reserve Note” is not a U.S.A. dollar. In 1973, Public Law 93-110 defined the U.S.A. dollar as consisting of 1/42.2222 fine troy ounces of gold.

Elaine Meinel Supkis

100% correct! All paper money is 'IOUs' issued by the Federal Reserves that have little reserves.

Elaine Meinel Supkis

Hi, David, I went to your web page. Very interesting. But there is more to the story about gold and the US dollar! I have in my own possession, US GOLD certificates pre-1933 going all the way back to 1825.


Namely, we collect specimens of money, both coins and paper. And in 1933, the words pertaining to redeemable in gold were removed and use of these bills, illegal. Namely, they ceased to be valid currency! One had to turn them in for paper money with NO promise of gold in kind! And the price of gold was then artificially set by the Feds!

Discount Canada Goose

Many a man's reputation would not

Beats by Dr Dre

This is not a make-over.

Monster Beats sale

The Earth reminded us of a Christmas tree ornament hanging in theblackness of space. As wegot farther and farther away it diminishedin size. Finally it shrank to the size of amarble, the mostbeautiful marble you can imagine.

Canada Goose Jackets

Money is a good servant and a bad master.

Canada Goose

But he gave me money for my boat,and for Xury,too. At first,I did not want to sell Xury as a slave,after all our danger-ous adventures together. But Xury was happy to go to the cap-tain,and the captain was a good man. ‘In ten years’time,’he said,‘Xury can go free. ’

Canada Goose Jakker

God helps those who help themselves.

Beats by Dr Dre outlet

Saying is one thing doing another.

Canada Goose

Love gives naught but it self and takes naught but from itself.

cheap canada goose

Law can nerver be enforced unless fear supports it.

Christian Louboutin shoes

Method will teach you to win time.

The comments to this entry are closed.

Blog powered by Typepad