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| | Until 1974, the value of the United States dollar was fixed to a value of a fixed amount of a precious metal. Between the late 18th century and the late 19th century, the [[United States]] dollar was fixed to the value of either gold or silver in a system known as bimetallism. In the early 1970's, the [[trade deficit]] and [[inflation]] in the United States, caused a run on the gold reserves used to back the United States dollar. This forced the United States to delink the value of the dollar from a specific amount of gold. Currently, the issuance of currency is controlled by the Federal Reserve Banking system. | | Until 1974, the value of the United States dollar was fixed to a value of a fixed amount of a precious metal. Between the late 18th century and the late 19th century, the [[United States]] dollar was fixed to the value of either gold or silver in a system known as bimetallism. In the early 1970's, the [[trade deficit]] and [[inflation]] in the United States, caused a run on the gold reserves used to back the United States dollar. This forced the United States to delink the value of the dollar from a specific amount of gold. Currently, the issuance of currency is controlled by the Federal Reserve Banking system. |
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| − | ==The Currency== | + | ==The Symbol== |
| − | The dollar symbol $ is a corruption of the monogram of the initials U.S., and is often used in a derogatory fashion. Ayn Rand once said that "Do you know that the United States is the only country in history that has ever used its own monogram as a symbol of depravity? Ask yourself why. Ask yourself how long a country that did that could hope to exist, and whose moral standards have destroyed it." This statement would not be true if we took it to mean that some US citizens used the monogram in a derogatory fashion, since that is, and has been, a common form of protest. What differs the US from other nations to allow that kind of statement is our strong national heritage in which an act by one citizen is taken to be one of the whole nation. This is the reason that the Roman fasces often appears on our currency. | + | The dollar symbol $ is a corruption of the monogram of the initials U.S., and is often used in a derogatory fashion. Ayn Rand once said that "Do you know that the United States is the only country in history that has ever used its own monogram as a symbol of depravity? Ask yourself why. Ask yourself how long a country that did that could hope to exist, and whose moral standards have destroyed it." This statement would not be true if we took it to mean that some US citizens used the monogram in a derogatory fashion, since that is, and has been, a common form of protest. |
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| − | There are several symbols which appear on the dollar, and it is often said by the [[Federal Reserve]] that they are there to prevent counterfeiting. This may be true, but the symbols contain a great deal of [[Freemasonry|Masonic]] symbolism<ref>http://www.jesus-is-savior.com/Evils%20in%20Government/Federal%20Reserve%20Scam/satan_on_our_dollar.htm</ref>. Some modern Christians think this to be an innocuous link to the Masonic lifestyle of the [[Founding Fathers]], while other modern Christians think it to be a link to a secretive organization bent of establishing a New World Order through the [[United Nations]].
| + | ==The Design== |
| | + | What differs the US from other nations to allow that kind of statement is our strong national heritage in which an act by one citizen is taken to be one of the whole nation. This is the reason that the Roman fasces often appears on our currency. |
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| − | The Dollar Bill currently features George Washington but, in 2000, at the request of leftists who were upset at George Washington's ownership of slaves, the US Mint began to issue Sacagawea Dollars in the interest of multiculturalism. The coins were not particularly popular because the American public was more interested in having the Father of America on their unital denomination of their currency than Sacagawea, whose contributions to the Lewis & Clark expedition were probably overstated. Also, in late 1999, secular pressures were mounting for "In God We Trust" to be removed from the dollar coin for the reasons that Sacagawea wasn't a Christian, and because liberal secularists thought it violated the separation of church and state (not stopping to think that it didn't name a specific deity). In the end, "In God We Trust" was added to the coin. Unfortunately, it won't be on the new Presidential series<ref>http://www.alainsnewsletter.com/s/spip.php?article346</ref>
| + | There are several symbols which appear on the dollar, and it is often said by the [[Federal Reserve]] that they are there to prevent counterfeiting. This may be true, but the symbols contain a great deal of [[Freemasonry|Masonic]] symbolism<ref>http://www.jesus-is-savior.com/Evils%20in%20Government/Federal%20Reserve%20Scam/satan_on_our_dollar.htm</ref>. Some modern Christians think this to be an innocuous link to the Masonic lifestyle of the [[Founding Fathers]]. |
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| | + | ==The Dollar Bill== |
| | + | The Dollar Bill currently features George Washington. |
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| | + | ==Sacagawea Dollars== |
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| | + | In 2000, the US Mint began to issue Sacagawea Dollars. |
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| | ==References== | | ==References== |
| | <references/> | | <references/> |