43 Years Ago: HOW FAKE MONEY BECAME LEGAL MONEY: THE AFFIRMATION OF THE NIXON SHOCK

Justice League

Great piece by Liberty Road Media website:

Nixon, 9th Circuit and how fake money became “Lawful Money”

Here’s what happened in a nutshell: 1) Bank of America picked Dick Nixon, 2) Dick Nixon picked some federal judges, 3) Dick Nixon created the pure fiat/imaginary/out-of-thin-air/fictional money we now use and that is a banker’s wet dream, 4) and then Dick Nixon’s judges affirmed that the fake money is real money.  So let’s take these four points one at a time.

1. Obviously, we have the letter from H.L. Perry pictured above, which is on display at Nixon’s birthplace in Yorba Linda, CA.  We also have the following account from pioneering independent journalist Mae Brussell, from an August 1972 issue of The Realist magazine:

“In August, 1945, a Committee of One Hundred Men located in California placed an advertisement in 26 newspapers:

WANTED — Congressman candidate with no previous political…

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One thought on “43 Years Ago: HOW FAKE MONEY BECAME LEGAL MONEY: THE AFFIRMATION OF THE NIXON SHOCK

  1. That’s only a small part of the picture & it was F.D.R. who took the U.S. off the gold standard, not Nixon. Nixon’s actions affected INTERNATIONAL trade & the Bretton Woods Agreement (1944); Presidential Proclamations 2039 & 2040 (see “Bank Holiday of 1933” & 12 U.S.C.A. § 95) in March 1933 (F.D.R.’s 1st term) ended the direct exchange of paper “money” for gold inside the U.S. And the “fractional reserve, fiat money” system we have that creates “money” out of thin air stems directly from the Federal Reserve Act of 1913.

    Date: Sat, 16 Aug 2014 07:11:08 +0000 To: art_njr@outlook.com

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