Tag Archives: Greenbacks

Willy We Have Missed You

The death of William Wallace Lincoln on February 20, 1862 coincided with a fierce fight between private banking interests and those favoring Constitutional money. The death of “Willy” Lincoln at age 12 therefore symbolizes the birth of the “Federal” Reserve … Continue reading

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Slippery Eels at Federal Reserve

Getting a straight answer from Janet Yellen is harder than grabbing an eel with a pair of greasy mittens. She, the chief of “Federal” Reserve, ducked and dodged questions from Representative Sean Duffy. Yellen is typical of the species, known … Continue reading

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Emergency Bankers Meeting

When the American Civil War began in 1861, the new president, Abraham Lincoln, needed money to finance the Union cause. In those desperate times, Lincoln talked with big bankers in New York City about a loan. The bankers could only … Continue reading

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China Pushes Yuan Even Lower

The U.S. Senate passed the following resolution on December 23, 1793: Any person holding any office or any stock in any institution in the nature of a bank for issuing or discounting bills or notes payable to bearer or order, … Continue reading

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Civil War Between Currencies

A parallel civil war took place concurrent with the American Civil War of 1861 – 1865. Besides North versus South there was Greenback versus Pseudo-Greenback. Why does this matter? It matters because Pseudo-Greenback won and now resides at the “Federal … Continue reading

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