"The future of Liberty Currency is bright

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According to the U.S. Treasury Department's Bureau of Engraving and Printing, Liberty Currency is a legitimate and legal medium of exchange. Treasury Department spokesman Claudia Dickens said May 3, 1999, that a team of federal attorneys reviewed NorFed and Liberty Currency and concluded that, "As long as it doesn't say legal tender, there's nothing wrong with it."


Since fall, 2000, the amount of Liberty Currency in job function email list circulation has increased from $400,000 to nearly $1,000,000 and the number of redemption centers have correspondingly increased from 400 to 1,000. Though people who hold Liberty Currency are not yet able to exchange it as freely as one is currently able to exchange FRNs, von Nothhaus describes the process whereby two new mediums of exchange that were introduced into the stream of commerce, took a few years to get off the ground.

Once up and running, they became as commonplace as traditional paper money and metal coins. Checks were introduced around the turn of the century and has since become one of the most common ways to pay for goods and services; credit cards, first introduced by Macy's Department Store in New York in the 50s, is now such a common medium of exchange that nearly everyone in the U.S. has at least one.