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This document provides a summary and analysis of the historical definition of the "dollar" in United States monetary policy. It makes three key points: 1. Accurately defining the term "dollar" is important because it determines what constitutes legal tender and the official currency of the US. 2. Current monetary statutes do not clearly define the "dollar". Federal Reserve Notes are not defined as dollars and are only redeemable for "lawful money". US coin denominations are inconsistent. 3. The monetary

Author

gkeraunen

Language

EN