has no interest attached to it and does not build up Debt.
MONEY IS SIMPLY A MEDIUM
OF EXCHANGE
A Public Medium of Exchange
CONSTITUTION OF THE UNITED STATES OF AMERICA |
BLACK'S LAW DICTIONARY 1990 |
ARTICLE I SECTION 8 The Congress shall have the power to coin money and regulate the value thereof...(not a private bank like the New York Fed.) ARTICLE I SECTION 10 No State shall make anything but Gold and Silver coin a tender in payment of debts... (Not worthless paper with "Compound Interest", not "Ledger-Entry-Credit"!) |
Federal Reserve Notes: Form of currency issued by Federal Reserve Banks in the likeness of "non-interest" bearing promissory note payable to the bearer on demand. (p. 613)
Fraud: An intentional perversion of truth for the purpose of inducing another in reliance upon it to part with some valuable thing belonging to him. A false representation of a matter of fact. (p. 660)
|