Like Da!!!!!!!, its about time someone told the truth.
What truth... that CURRENCY not cash... can be precious metal, paper certificates, or bits of data... all of which can be used to pay for public and private transactions and debts. In fact, one's electronic funds can buy gold or silver... making those electronic funds the equivalent of had currency... gold or silver.
It is the ignorant and obstinate, who fail to understand the simplicity of the concept... CURRENCY in any form is the same as CASH when one can use it to purchase any other form of exchange... Currency is not CASH it is the means to transact business as cash. Data or bits are a form of currency and are being used as cash today... in fact, the vast majority of settlements for debts and purchases is done with cashless currency... data/bits of electronic funds on a balance sheet... one's account.
What do you mean by currency?
Most commonly, the word currency can refer to any form of money that used in circulation throughout the public. Today, currency usually contains both coins (hard money) and paper (soft money). It is generally issued and maintained by a governing authority and is known as 'fiat' money.
The Federal Reserve Fiat Scam by Khazar Jews...:)
Paperless currency or electronic transactions are the new currency... Bits and Bites of electronic signals are rapidly becoming the currency of commerce and government. Electronic transactions are the currency of the future... replacing the need for paper or hard currency... coins.
You are aware that fiat currency includes our coins... they contain no precious metal and as such are not intrinsically worth their face amounts.
I am aware that the Khazar Jews, took over the system....:)
Where Khazar is used as a term to mean evil men... I agree.
Say Tif... you know where I can buy a washing machine ... without serial numbers using cash... wouldn't want the FED to track me down for money LAUNDERING... get it... LOL.
A little levity for a friend...
Let me check... you forgot your loafers... you have to be wearing loafers to engage in levity. Or, was that to know the gravity of things... I'll have to look that one up.
Do you know what a note is vs a certificate?
Why is it that any bank can not respond to these 3 questions that apply to any type of loan.
1. Produce documentation of prior title, ownership and rights to the money you purportedly loaned me;
2. Produce documentation of the history and origin of funds that you/principal purportedly had prior title, ownership and rights to that you purportedly loaned me. It’s my comprehension that banking requires 3 generations at least if not all the way back to issuance/creation of the alleged funds and that this is why banks issue a letter of origin/history of funds.
3. Produce documentation of the actual transaction and transfer of said funds (prior title, ownership, and rights) from loaner to borrower (invoicing/receipts) as there is a difference between a “loan” and “debt”, conceptually and factually.
Please be specific... are you talking about US Treasury or Federal Reserve Notes and Certificates...
Silver certificates were bills backed by silver on deposit with the Treasury. They could be issued only in quantities that didn't exceed the total value of that silver. At one time, when the price of silver was fixed by the government, it was possible to exchange these bills for silver bullion as well as coins. When the price of silver was deregulated in the mid-1960s silver certificates were discontinued and the practice of exchanging for metal was ended. Most silver certificates are recognizable by their blue seals.
US Notes were currency issued by the Federal Government but not backed by gold or silver on deposit. Most of these had red seals and serial numbers. They were issued from 1862 to 1966, and were discontinued only as a money-saving move to consolidate all currency production and administration under the Federal Reserve.
Do you know how reserves work in fractional banking or for that matter what fractional banking is... I was a banker for 13 yrs after retiring from the US Army... What are your qualifications?
As to the questions you proffered I am still waiting for your response to my questions... holding for your answers.
I will state this... I have no records the US Treasury and FED keep such records. T-Bills issued are in fact a type of NOTE ... proof of debt owed by the US Treasury to the owner of the Bill. The issue of T-Bills is one of the primary means the government is funded by private investors. They are also the primary source and proof of our government debt.
For more on how government records is assets and liabilities... see: https://pocketsense.com/mean-dual-track-accounting-10008547.html
The record of public debt and revenues to service such debt is complex and not all sourcess are readily available to the general public.
Saved the links...:)
Treasury and FED notes are not loans to you... they are evidence of debt owed by the government to the holder of the note or certificate. These notes are the evidence of the government's debt to the holder... and are a guarantee that the notes are legal tender, that must be accepted as payment for all debts public and private.
We have a debt based currency. The users of our currency are actually taking notes of debts owed by the Government and exchanging them on the open market... as cash, as currency.
Your are such a dult... you have no idea of what your talking about.