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Major Frauds Of The U.S. Monetary System

by Jason Hommel

Fraud #1. Paper Money. Originally, a paper dollar was a paper promise, a contract, to pay in gold or silver. The issuers of dollars have defaulted on that promise numerous times in recent history, at a rate of about once per generation. The issuers of paper money defaulted on domestic gold redemption in 1934, defaulted on silver redemption in 1968, and defaulted on international gold redemption in 1971. Those who issue U.S. paper money (Federal Reserve Notes) are in default. The creation of paper money is fraud, and was used to steal away gold and silver from the hands of the people. .........>>>