Federal Reserve Explained # 8 If "cash" is an "IOU" how do I get paid? UCC HR-192
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@3EIHCIR yes, except that i don't think that the payments are being passed back to the gov to destroy the debt...they keep the notes in reserve i think...
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You must be like me and can't hold onto "money" for any appreciable length of time, LOL. But for some they hold onto a wholatta dough for a long time. Hopefully it will gain interest. But that interest is not actually income, if you consider Inflation.. and I do. It could only really be income if it earns more that the real inflation rate. Eventually your 15 cents won't buy a tasty hamburger anymore...Get my drift... it's a ponzi scheme the first that gets, gets more that the full value.
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@Danster82 yes, all property, registered or not, has an implied lien transfer through the currency itself into the item. The lien is based on your life's energy, not something physical. I know a LOT more now. In fact I've come to completely understand redemption and agree that for our country, the redemption process is much more beneficial in that FRNs are converted into US Credit, which converts the lien from a foreign claim to a US claim.
That's the first step that needs to be taken.
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@Danster82 yah I finally confirmed that mathematically to my own satisfaction, said satisfaction being of very high evidentiary requirement.
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@3EIHCIR except that based on my more complete knowledge a year later, we write bonds also that the treasury will buy, transfering "ownership through transmitted lien" to the us gov.
Then the banks keep the notes in reserve even after payment has eliminated thier collateral value, leaving our currency largely uncollateralized.
There's an even more majestic truth about creating money. Who actually authorizes the creation? See hjr-192 (repealed but codified into US code uopn repeal) wherein
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@VerifiedNews Here is how I see the money trail if you purchase a 20k car.
1.U.S. Treas issues $20k in t-bonds to the Fed Res.
2. The Fed Res. issues the 20k to the bank
3. The bank pays the 20K to the car dealer
4. The bank collects interest and princple from the purchaser
5. The bank pockets the interest and passes on the principle back to the U.S. Treas. to retire the t-bonds that were originally issued to the Fed. Res.
So you can nonw see how the cycle is now completed. Do you agree?
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@kdcruz75 what about Canada????
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I think we are effectively saying the same thing. Sort of...
I try to separate into individual steps for easier tracing of the transactions...
tax evasion scam ? you must FILE IF YOU HAVE A 1099I or a w2 on you . it is how you answer to them that is key. cancel the w4 agreement . and they cant withhold part of your pay and give it away.
IRSFRAUDEXPOSED 1 year ago
@IRSFRAUDEXPOSED lol you'll have to excuse me this was a year ago, my knowledge is more complete. These earlier videos have errors, but only errors that are hidden from standard knowledge.
I've learned since then about "applicatory consent" and assumed, adhesion, and other types of contracts, contracts being the key.
VerifiedNews 1 year ago