For The Record:
Kennedy issued $4 billion in notes and coins with Executive Order 11110 backed by silver. The "gold flight" was one of the chief issues facing his presidency from the beginning of his term and may be thre reason silver was used. This is well documented. The Executive Order was done five months before his assassination. If you look it up, you will notice that many believe that this act, along with the planned extraction from the Vietnam war, were the primary reasons for his assassination.
$700 billion through the Federal Reserve Bank? Just say "No".
Also FTR, I am not an American. I have never been to America but I do believe (intellectually) in the American constitution or rather it's intent though I have never read it in full. (I wish my country had one as near as possible identical.)
Regards, nodrog.