Comment Just like Federal Reserve notes! (Score -1) 44
A private company issuing its own currency and selling it to us at a profit? Why, that's just like the Federal Reserve, which despite the name is a private company just like Apple or Microsoft. Imagine the government appointing the boards of those companies and you get the idea. Why do we need a company to sell our own money to us? Why can't the US Treasury just print it instead? JFK had the same idea and issued United States Notes. He was assassinated shortly thereafter. LBJ immediately ended the program.
United States Notes are collectors' curios today. My grandfather had some, along with rolls of silver quarters before the Fed turned them into worthless nickel-clad copper.