>>8989185
DE FACTO STANDARD.
https://en.wikipedia.org/wiki/Dollar
Prior to 1873, the silver dollar circulated…with a value in relation to the British gold sovereign…This resulted in the U.S. Coinage Act (1873) which put the United States onto a 'de facto' gold standard.
http://www.ronpaulforums.com/showthread.php?135003-JFK-Silver-Executive-Order-11110-nullified-by-Reagan-s-E-O-12608
https://en.wikipedia.org/wiki/Executive_Order_11110
Issued by JFK on June 4, 1963.
In March 1964, Secretary of the Treasury C. Douglas Dillon halted redemption of silver certificates for silver dollars.
https://en.wikipedia.org/wiki/C._Douglas_Dillon
A close friend of John D. Rockefeller III, he was chairman of the Rockefeller Foundation from 1972 to 1975