JFKs Debt-free dollar, Executive Order 11110 that challenged the Federal Reserve and died with Him

EO 11110 was an amendment to a previous executive order (EO 10289) under President Eisenhower. That order had given the Secretary of the Treasury certain powers, which JFK's EO modified.

It was signed on June 4th, 1963, 5 months later JFK was assassinated.

EO 11110 authorized the US Treasury to issue United States Notes (as opposed to Federal Reserve Notes). These new notes were to be backed by silver held in the Treasury's vaults. It bypassed the Fed by having the Treasury directly issue this currency so it basically ceased the need for the government to borrow money from the private Federal Reserve and pay interest on that debt. The Treasury would simply create the money, backed by a tangible asset (silver).

Approximately $4.3 billion in United States Notes were issued under this authority. They had a distinguishing red seal instead of the green seal of the Fed currency.

When the US government needs money, it doesnt print it. Instead, it creates treasury bonds and gives them to the Federal Reserve. The Federal Reserve, in turn, creates the money out of nothing (fiat currency) and "lends" it to the government, with interest. This system ensures that the US government, and by extension its citizens, are perpetually in debt to the private banking cartel. Every single dollar in circulation is created as a debt, with interest owed to the Fed.

For the first time in decades, the U.S. government was creating its own currency, debt free. It was a step back towards the "Lincoln Greenback" model, where the government issued its own money. If the government could issue its own debt-free currency, there would be no need to borrow from the Federal Reserve and pay interest. This would eventually collapse the entire debt-based control system of the banking elites.

Now comes the Coinage Act of 1965, which began the process of removing silver from U.S coinage, passed by Congress, signed into law by Lyndon Johnson. And then finally Statute Law Revision Act of 1994, basically repealing the entire EO EO 11110, signed by Bill Clinton.

The real powers, who dictate your quality of life and rights, do not have a party. The banking language is purposefully kept complicated and contrived, to keep regular people from knowing the true nature of our economic structure and debt slavery.

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"Whosoever controls the volume of money in any country is absolute master of all industry and commerce… And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate."— President James A. Garfield, 1881

Garfield was a staunch opponent of the "spoils system" and corruption. he was a hard-money man who believed in the gold standard and was fiercely critical of the fractional reserve banking system (Inflation) and the power of private bankers. He was shot at a DC train station in 1881.

For those who want a deep dive into this: The creature from Jekyll island, by Edward Griffin.
And this documentary: https://youtu.be/AOk3wBuQNcE?si=sweGnimvlxj18uV9