Word Power

Below are 2 One Dollar bills that look similar, but are totally different in terms of value. 
One bill was backed by "real money" (silver) and the other is backed by a "promise" to be what it says it will be.  
Now, let's compare the two bills and find out what really happened to our "money".

Silver Certificate

A certificate is a document that displays ownership of "a thing".

Words on the silver certificate states:
THIS CERTIFIES THAT THERE IS ON DEPOSIT IN THE TREASURY OF THE UNITED STATES OF AMERICA.

This certificate is legal tender for all debts public and private

Whatever the denomination on the certificate, the treasury would pay out in silver to the person who redeems the bill.

That is why the founding fathers of our country wrote in the constitution that silver and gold should be used as legal tender because they knew it was real money.

Federal Reserve Note

A promissory note is a debt or IOU 
used in the form of paper currency.

Words on the Federal Reserve Note states:
THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE

This note is not backed by anything, but a promise and has no "tangible" value.  When it is exchanged for good or services, the person
can no longer redeem it for silver or gold.

Thomas Jefferson warned us about paper money, stating:

"Paper is poverty...it is only the ghost of money, and not money itself.  I now deny (the Federal Government's) power of making paper money or anything else a legal tender. The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an enemy to all banks discounting bills or notes for anything but Coin {gold and silver coins}. If the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their children will make up the homeless on the continent their fathers conquered."  

What If 

After looking at the difference between the two bills and learning the history behind the change, I began to wonder "What if...?"  What if President Nixon never took us off of the Gold Standard?  How would they have paid us in silver today? Here are several types of silver coins I believe the U.S. Treasury could have paid to anyone who redeemed their certificates... 

Roosevelt Dime

Kennedy Half Dollar

Washington Quarter

Peace Dollar

Silver Eagle

Franklin Half Dollar

Morgan Dollar

The Federal Reserve knows what "real money" is, yet continues deceiving the public that the Dollar is most powerful and cannot fail.  Do your research and see that all paper currencies  backed by "a promise to pay" have come to an end.  The U.S. Dollar is no exception...