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Rumor Mill News Reading Room, Current Archive

Reader Charles: "Our country does not own its own money system. The Federal Reserve system does."

Posted By: hobie
Date: Monday, 15-Nov-2021 03:56:58
www.rumormill.news/187007

In Response To: Reader: "One researched fiscal reason to now cull the herd." (hobie)

(Thanks, C. :)

Reader Charles Miller writes:

***************************************************************************

Re: Reader: 'One researched fiscal reason to n....

I am very familiar with the points raised in the article.
20 + years in the libraries pre fax days provided a complete set of records showing how the Private Money systems operates.
Yes I said Private Money.
Our country does not own its own money system. The Federal Reserve system does.
Look at any paper money note. The issuer is the Federal Reserve.
FEDERAL RESERVE NOTE is on every bill with all other information on the note captured by a boarder. Think about this in context of the definitions below.

A banknote is payable to the bearer on demand, and the amount payable is apparent on the face of the note. Banknotes are considered legal tender; along with coins, they make up the bearer forms of all modern money. A banknote is known as a "bill" or a "note.

A note is a debt security obligating repayment of a loan, at a predetermined interest rate, within a defined time frame. Notes are similar to bonds but typically have an earlier maturity date than other debt securities, such as bonds. ... Payback of demand notes can be called in (or demanded) at any point by the borrower.

is that banknote is a piece of paper currency while money is a legally or socially binding conceptual contract of entitlement to wealth, void of intrinsic value, payable for all debts and taxes, and regulated in supply.

A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand.

The link below is from a published article, RMN, calling the account of the so called government corporations.
Serving a SS4 form with demand to show the proof of corporate life is always an interesting and illuminating adventure.

When did the People, give congress the authority to give away its duty to set the value of the countries money to the Federal Reserve?
No such authority exists in Article I section 8.

Thus the Fed and its private money are void.
None the less that’s all we have at the moment for commerce.

Perhaps it’s time to get to the real roots and guts of the problem instead of following the piper and his music covering up the crimes.
The piper keeps every one happy to find out about the corruption so no one takes the time to identify and put in action a solution.

There are certainly a lot of X-PERTS on corruption selling the product of the swamp.
Yet ask one of the X-PERTS on corruption what the solutions might be and the shock and blank look override the silence.

Solutions are available. All it takes is the People changing their diet from predigested programmed cover up bait and switch pablum to critical thinking and applying the law of the People.

Link https://www.rumormillnews.com/cgi-bin/forum.cgi?read=177494

***************************************************************************



RMN is an RA production.

Articles In This Thread

Reader: "One researched fiscal reason to now cull the herd."
hobie -- Monday, 15-Nov-2021 03:56:58
Reader Charles: "Our country does not own its own money system. The Federal Reserve system does."
hobie -- Monday, 15-Nov-2021 03:56:58

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AN EXPLANATION OF THE FACTIONS