G. Edward Griffin Quotes
EO 11110 did not order the printing of Silver Certificates. It ordered the amendment of a previous executive order so that the United States Code would authorize or 'empower' the Secretary of the Treasury to issue Silver Certificates if the occasion should arise.
Griffin, G. Edward. The Creature from Jekyll Island: A Second Look at the Federal Reserve. American Media, 1994.
Harvey was one of those who argued that silver and not gold should be the basis of American money. The country was growing and the amount of gold was relatively fixed; therefore money was scarce and many believed the English and American financiers were hording gold deliberately. The final solution was not a gold standard or a silver standard but what we have today—a currency backed only by the full faith and credit of the U. S.
Economists they world over have differed as to how critical it was to have a money supply that is based on a gold standard or other precious metal. United States history has had a dispute over whether the money should be backed by gold or silver. Finally, under the Richard M. Nixon administration, the United States went off the gold standard and American money ever since is only backed by the ‘full faith and credit’ of the United States. Some politicians like Paul believe this is a poor policy since it allows governments to control their own money supply irrespective of their gold or silver holdings. Paul goes further than most and sees freedom itself dependent on a precious metal standard. Most politicians disagree.
At the time, there was no United States currency. Private banks in some of the states issued their own money. A dollar from Georgia might only be worth 75 cents in New York.
G. Edward Griffin is an American author, filmmaker, and conspiracy theorist. Griffin's writings promote a number of right-wing views and conspiracy theories regarding various of his political, defense and health care interests. In his book World Without Cancer, he argued in favor of a pseudo-scientific theory that asserted cancer to be a nutritional deficiency curable by consuming amygdalin. He is the author of The Creature from Jekyll Island (1994), which advances debunked conspiracy theories about the Federal Reserve System. He is an HIV/AIDS denialist, supports the 9/11 Truth movement, and supports a specific John F. Kennedy assassination conspiracy theory. He also believes that the Biblical Noah's Ark is located at the Durupınar site in Turkey.
