Corrente

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Joe Firestone: Corrente

Incident topic: 
Incident time: 
Wednesday, January 12, 2011
Incident address: 
United States
Location (map input): 

"The Fed could not refuse the coins or fail to credit their face value because they are legal tender. Since the Fed is technically in the private sector, acceptance by them of a deposit in the form of the jumbo coins, resulting in the markup of the Mint's Account by their face value, gets recorded technically as a sale of the coins to the private sector." (original).

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