A Payback for the Federal Reserve, China, and the National Debt
If congress passed a law to make the penny a national treasure and collectors item redeemable for a $5 U.S. note which would be equal in value to a $5 Federal Reserve Note. The penny can be redeemed to the government and half of the redemption would be a tax used to reduce the national debt. Since most pennies are owned by U.S. citizens and U.S. banks this will not only simulate the economy but would be America’s payback for countries manipulating the monetary systems and take away some of the Federal Reserves power.
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