That is brilliant. So I imagine the employees basically then converted the numismatics into cash, or some of it to pay their bills? The only thing is, if you have an online business, it would be hard to pay someone in these coins, unless someone set up a paypal like company that allowed electronic payments that were backed by numismatic coins. Now that would be cool.. Yeah, I hate the IRS...........the agency is total scum. This method of paying employees would be untraceable anyway, because if I paid you $400 worth of numismatic coins for doing a job for me, and then you converted a bit of it in cash through a coin dealer, the IRS won't know anything.........totally untraceable. If silver and gold are ever allowed to compete against federal reserve notes, the gold and silver will wipe the floor with it. The only problem with gold and silver is getting stores to accept them, but that barrier shouldn't be too big to overcome.
They were all part of our currency system at one point, but Federal Reserve Notes obviously won the game.
You of course mean the corporate political game. You might have missed Alan Greenspan on Fox Business leaving the question open that America no longer requires a Federal Reserve Bank. It was a couple days ago, should be able to find it on YouTube.
As I recall it, he said that the Federal Reserve is necessary because there needs to be an organization that influences the nation's money supply under a fiat currency system. Where did he say that America no longer requires the Fed? I would be in support of abolishing the Federal Reserve if a better alternative is presented. Gold/Silver standard is not (and ceteris paribus, that wouldn't make the Fed disappear anyway). If our fiscal policy can become more Keynesian oriented, or countercyclical, then the Fed should intervene a lot less, and that's what I would like to see. I am not for the Federal Reserve; I am against conspiracies that are intellectually dishonest.