The Federal Reserve can print fiat currency but would certainly not accept it. Apparently Kennedy signed an EO that would allow the US Treasury to mint coins backed by silver. According to the article below, the EO is still on the books but for some reason hasn't been used since Kennedy's untimely death.
The Federal Reserve can print fiat currency but would certainly not accept it. Apparently Kennedy signed an EO that would allow the US Treasury to mint coins backed by silver. According to the article below, the EO is still on the books but for some reason hasn't been used since Kennedy's untimely death.
http://john-f-kennedy.net/executiveorder11110.htm
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