It has paid off to read through this document now and again. I have read it to listeners aloud twice. Understanding what happened to money in the mid-'70's, the Secret Jamaica Rambouillet Accord specifically, helps us get bearings about central banking. As I have pointed out in Posts, an advanced student learning redemption should be able to discern that Fed notes are indeed backed by gold (and SDR's) and are therefore not fiat.
