15 Things You Never Noticed on a Dollar

This is an article I came across a while back and just finished reading it. This is what it says about our money.

The Basics: How much is a dollar worth?

The question seems simple, but the answer is quite complex. Since 1973, the dollar bill has had no value tied to it. You cannot trade in a dollar to the government for gold, silver, or any other commodity. The value of the nation’s currency is related to the decree by the government that a dollar is legal tender for all debts. This means if someone attempts to pay a debt using dollars, the person being paid must accept the money or the law no longer recognizes the debt. This is important enough that the phrase is printed on every bill the government creates.

It is also vital for the nation’s citizens to agree that the bills have value. If the members of a society decided that they did not believe in the currency, it would quickly be worth no more than the paper it is printed on. For the record, each bill costs the government 6.4 cents to print.

What our money has “no value”! Money’s value is “decreed by the government”. There are a many great and interesting items in here, but sad to say most people will get caught up with the Latin phrases and brush right passed this.

On a totally separate note, it’s interesting how much God is mentioned. Where was separation of church and state? Oh, I forgot. “Separation,” “church,” or “state” are not mentioned in the first amendment. They were mentioned in a letter that was taken out of context.

    • Robert Rubio
    • March 18th, 2010

    conrats on the new babyA!!!!!
    your page is very informative and keeps up with whats goin on.
    Keep it up

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