Why aren’t people using Silver Liberty’s and Pre-1965 Coin as a medium of exchange?
It’s common sense that we ought to use just weights and measures in our exchanges, in commerce. Silver is honest money, but why don’t silver coins circulate? Are all of us really that dishonest? What is the real issue here?
Contrary to popular belief, the main form of monetary exchange is not between the customer and the merchant. The main form of monetary exchange is between employer and employee. As supporting evidence, let me point out that income taxes are far higher than sales taxes. The heavier taxes are on the bigger exchanges!
And it is through incomes, that money first enters into the hands of the consumer.
My study of history and markets tells me that in order for silver to circulate, we need a common standard. The US Mint already has solved the issue on Constitutional Money in the form of the Silver Liberty and Pre-1965 Coins. The key is to use them.
All businesses need to accept such coins as a means of payment, and here’s how:
1. Join CFSNV and exchange some Federal Reserve Notes (FRN’s) for Silver Liberty’s and/or Pre-1965 Coin to fund your account.
2. Offer your employees the benefit of receiving part of their paychecks, let’s say $1.00 or $2.00 per month (1 or 2 Silver Liberty’s).
3. Offer to accept the Silver Coin that you paid to your employees for products that you sell at a 10% or 15% discount of the FRN price.
4. Don’t ever offer to trade Silver Coin for paper money. With our system, the Silver Coin is Real Money and is intended to help the small mom-and-pop businesses compete with the “Big Box” stores and boost the local economy.
The key to the system is for businesses to offer a price discount for customers paying with Silver Coin. What this does is it keeps the Coin more valuable as money. Consumers will spend it in your business instead of exchanging it for paper money.
How can business find customers with Silver Coin to spend? Simple, by paying their employees in part with Silver Coin. This “primes the pump” so to speak. With a network of businesses paying their employees with Silver Coin develops a network of consumers looking for a place to spend their money. Since Wal-Mart won’t accept payment with Silver Coin, these new silver consumers will purchase their goods and services locally.
As we all know, the value of our paper money is almost worthless. The Federal Reserve Note has lost 97% of it’s purchasing power and doesn’t have much further to go to be completely worthless.
By offering a discount to those who pay for their purchase with Silver Liberty’s, your business is aquiring Real Money that is increasing in value everyday. The small amount a business gives away in discounts will be greatly rewarded in real wealth in the near future.
