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Douglas V. Gnazzo is the retired CEO of New England Renovation LLC, a historical restoration contractor that specialized in the restoration of older buildings and…

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The Public Debt

Neither paper currency nor deposits have value as commodities, intrinsically; a 'dollar' bill is just a piece of paper. Deposits are merely book entries. The Public Dept is chapter eleven from a soon to be published book on the history of lawful money of gold and silver coin in the U.S.

The Public Debt

 

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