Kennedy Prepared to Bypass Federal Reserve With Treasury-Issued Currency Backed by Gold

What was said

"Kennedy did transition us in '62 to issuing currency from the treasury for the first time. He did Executive Order based on his relationship with Indonesia with Sukarno because of the gold that they were going to basically use the gold I think from Indonesia. Kennedy was going to use the gold to back dollars coming out of the Treasury. And there was at that in '62 some money issued for the Treasury for the first time since Lincoln had done it. So bypassing the Federal Reserve."

Sean Stone reveals that JFK issued Treasury currency backed by Indonesian gold in 1962, bypassing the Federal Reserve for the first time since Lincoln. Stone explains this made Kennedy a target of banking interests because constitutional money should be gold and silver issued by the Treasury, not debt-based Federal Reserve notes. He positions this monetary reform alongside Kennedy's refusal to commit to Vietnam and interest in UFO disclosure as motives for assassination.