Type 1 ... Gold and Silver Coins

The United States Constitution demands (to this day) that the only "legal tender" in this country be gold and silver coin (look up: Article I, Section 10, Clause 1).

Few Americans are aware of this fact. To most, the thought of a currency consisting of only coins seems like a very strange idea, or perhaps a joke. But it's no joke. The Founding Fathers put this into the Constitution for a very good reason, which we shall examine shortly.

What is "legal tender"? This means the form of money which you are entitled to demand, under the law, as payment of debts. Thus, gold coins are legal tender--if you can find any!

But things like television sets, automobile tires and chickens, are not. If someone wants to pay you in chickens, and you agree, then all's well. But you can't be forced to accept chickens as payment of a debt. You can be forced to accept gold coins. If you can find any!

Bankers hate gold and silver coins, except the ones in their pockets. Why? Because gold and silver coins give you value, and they want all the value for themselves. Please, don't hate bankers! Deep down inside, we're just like them! Only they're better at it than we are.

Type 2 to follow...