That was the plan all along.
Kennedy did NOT issue any non-FRNs.
He delegated authority to.
His policy all along was to increase the use of FRNs, not decrease them.
He signed a bill to authorize the FED to print ONEs and TWOs for the first time. Before that, the smallest they printed was a FIVE.
He did this because they were going to remove US Notes from circulation via depleting the silver stockpiles and then remove silver from the coinage.
This was all in the works long before he died. He was implementing the end of silver in our monetary system - not reversing it.
Want DP delivered to your inbox daily? Subscribe here:
Content of posts and comments on the Daily Paul represent the opinions of the original posters, and are not endorsed, approved, or otherwise representative of th