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Liberty Dollars

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just by skimming it, technically it is just putting your money into gold and silver, something that was a smart thing to do even before some ass hat invented "liberty dollars"

Shit I was just thinking about buying gold. but I certainly wouldn't do it with liberty dollars
 
scola said:
just by skimming it, technically it is just putting your money into gold and silver, something that was a smart thing to do even before some ass hat invented "liberty dollars"

Shit I was just thinking about buying gold. but I certainly wouldn't do it with liberty dollars
But it's America's second-most popular currency!
 
so how do you spend this? it only comes in $1 and $10 denominations (The coins that is)? So how do you spend larger amounts?

I am actually curious about this and generally fascinated by all forms of currency...

and how does this avoid inflation? I got that each note entitles you to the equivalent amount in pure silver, but how does that work? does the note entitle you to $10USD of pure silver (meaning the value will still go down with inflation) or does it entitle you to a purchased weight of pure silver. If so, how would the silver's value change possibly be kept track of over time?
 
scola said:
just by skimming it, technically it is just putting your money into gold and silver, something that was a smart thing to do even before some ass hat invented "liberty dollars"

Shit I was just thinking about buying gold. but I certainly wouldn't do it with liberty dollars

Hm I dunno, the precious metals markets are different beasts. I'd do a LOT of research before investing in gold or silver.
 
Hitokage said:
That Jefferson quote screams fake.


the quote does seem fake but the message is one that jefferson would probably be in line with... he was very anti-bank


"I sincerely believe... that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816. ME 15:23


http://etext.virginia.edu/jefferson/quotations/jeff1325.htm
 
SteveMeister said:
Hm I dunno, the precious metals markets are different beasts. I'd do a LOT of research before investing in gold or silver.
which is why I didn't end up doing it ;)
 
triste said:
Maybe it's a different Thomas Jefferson?

it's just a slight typo it is suppose to be THE Jeffersons

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but really was the term "homeless people" use in Jefferson's time...
 
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