Talk:United States Department of the Treasury
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That quote from "Chapter XII of the Constitution" must come from a different source. The Constitution has Articles, not Chapters, and only seven of those. And it's not Amendment XII either, since that only concerns the election of the President. This language is not familiar to me; where did it really come from?
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[edit] The Original DOT?
The US Department of the Treasury pre-dates the US Department of Transportation by 177 years. Is there any reason why Treasury didn't hold the acronym first? Thanks.70.108.154.226 01:40, 9 November 2007 (UTC)
[edit] Operation Question
What '''''''determines''''''' how much money is produced by the treasury? I'm assuming it can't just print as much as it wants. There must be something to control inflation, right? 83.67.201.204 14:17, 3 May 2006 (UTC)
- That is correct. The Treasury only prints as much money as the Federal Reserve purchases from it. The Federal Reserve purchases money (at the cost of printing/coining it) and banks purchase it (at face value) from the Fed. Of course, physical money is just a small part of the total financial system -- Fed open market operations are entirely electronic. The Treasury estimates that 95% of the money it prints is just to replace worn-out money.[1] But in a sense, yes, it can print as much as it wants -- our legal system is what keeps it in check! Afelton 20:43, 3 October 2006 (UTC)
i have a coin that is the size of a half-dollar, one side is the seal of "THE DEPARTMENT OF THE TREASUREY, 1789" and the other side is of the DENVER MINT, printed on top "UNITED STATES MINT" printed on bottom, "DENVER, COLORADO" the Denver Mint building is pictured in the middle of this side. the coin has the color of old copper. could this be a commemoritive coin, when would it have been minted, and what would be it's history??24.253.238.33 17:01, 10 August 2007 (UTC)Ann Cole
[edit] !!!
Wait a second, what does the Federal Reserve purchase the money with? Why would they purchase money? This does not make any sense.
If they pay with gold, why aren't the notes backed with metals? jesiaca whang me to that is confusing
[edit] Authorization of an internet scam
Why would the US treasury authorize the sale of a worthless currency called the Iraq Dinar, when in fact investment in the dinar is considered an act of terrorism and when people say the Dinar will never increase in value. This action shows that the US treasury has a direct involvemnt in taking money from american tax payers and giving it to scam artists. This is the biggest piece of evidence that shows the governemnt is always out to destroy the life of the everyday American. —The preceding unsigned comment was added by 64.216.141.167 (talk) 06:15, 7 May 2007 (UTC).
[edit] Seal size
Hello,
Is it it really quite necessary for the seal to be this big?
