Liberty Dollar (inflation proof)
- Thread starter universaltrader
- Start date
I heard that they are going to assign chuck norris to go after anyone who tries to copy the notes. They know that even with having chuck norris as the enforcer that people won't even want to try. I mean come on, Chuck Norris can even speak braille and counted to infinity twice.
The idea is a crappy one.
If you want to hedge against inflation, then buy the gold or silver commodity, and lock it up in your safe deposit box.
There's no need for an overpriced currency to take care of that. As far as counterfeiting his notes go, that's a good idea, you're not counterfeiting real money (or in fact, anything with ANY legal authority on it), so you won't get in too much shit for it (if any at all).
Wow.. read this
http://www.libertydollar.org/ld/faqs/convertibility.htm
So basically, you pay full price for these "silver certificates" and if you want to exchange it for USD, then you have to exchange it at a discount. So basically, as soon as you buy the things, you lose 40%.
Even for "associates"
Look at the top of the page for their exchange rates:
DAILY DISCOUNT RATE
Silver Spot $13.95
Updated: 04/20/07 17:01 EDT
Associate Rate USD to ALD $0.924
Merchant Rate USD to ALD $0.924
Exchange Rate ALD to USD $0.805
That's the widest fucking market i've ever seen!
They should be shut down, this is just 1 major scam.
If you want to hedge against inflation, then buy the gold or silver commodity, and lock it up in your safe deposit box.
There's no need for an overpriced currency to take care of that. As far as counterfeiting his notes go, that's a good idea, you're not counterfeiting real money (or in fact, anything with ANY legal authority on it), so you won't get in too much shit for it (if any at all).
Wow.. read this
http://www.libertydollar.org/ld/faqs/convertibility.htm
So basically, you pay full price for these "silver certificates" and if you want to exchange it for USD, then you have to exchange it at a discount. So basically, as soon as you buy the things, you lose 40%.
Even for "associates"
Look at the top of the page for their exchange rates:
DAILY DISCOUNT RATE
Silver Spot $13.95
Updated: 04/20/07 17:01 EDT
Associate Rate USD to ALD $0.924
Merchant Rate USD to ALD $0.924
Exchange Rate ALD to USD $0.805
That's the widest fucking market i've ever seen!
They should be shut down, this is just 1 major scam.
Putting it in a safe deposit box in the U.S. is NOT a good answer. That would be defined as "hoarding". Go read your history book. Where do you think all the gold the U.S. government is supposed to have came from?
The coins and paper are not counterfeit. They look nothing even close to US currency. It's idiotic to call it counterfeit.
No one is buying it to "Hedge" our currency. If you think that, fall in a close line behind those thinking this Liberty currency is counterfeit.
I got some of it for the novelty and collectable nature of it. I put a frame around it and hung it on the wall. I guess one has to be brighter that the metal or paper its printed on to appreciate that and see there is no law broken in creating it.
I knew the price I was paying for the coins and paper was directly relative to the value "I" put on it.
No one is buying it to "Hedge" our currency. If you think that, fall in a close line behind those thinking this Liberty currency is counterfeit.
I got some of it for the novelty and collectable nature of it. I put a frame around it and hung it on the wall. I guess one has to be brighter that the metal or paper its printed on to appreciate that and see there is no law broken in creating it.
I knew the price I was paying for the coins and paper was directly relative to the value "I" put on it.
If you buy a hooker with one of these is it still illegal prostitution?
