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So, when the US government wants money, the Treasury Department prints bonds (promissory notes aka debt obligations) and "sells" these to the Federal Reserve (private banking concern), which than "gives" the US government Federal Reserve Notes (tender). Thus the money the US government and thus in turn, the US people and all peoples and nations in the world who hold dollars (and why do you think they push these on the world so much?) are debt instruments owed to the Federal Reserve, by the holders. Thus, sooner or later you must return them, plus a percentage. Of course, to the Federal Reserve, the percentage is better.
Originally posted by captaintyinknots
In theory, one could.
Problem is, no one would recognize it as money. You think a bank is going to take a deposit of 100 schrute-bucks? You think a store will let you buy bread with dickey-dollars?
Our system now as layers built into itself that absolutely would not allow for it to work, outside of counterfitting, and thats a different story altogether.
Originally posted by superman2012
I get labelled Anti-American but I seem to know more about their government then them...
Whoever, except as authorized by law, makes or utters or passes, or attempts to utter or pass, any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, or of original design, shall be fined under this title or imprisoned not more than five years, or both.
The Liberty Dollar (ALD) was a private currency produced in the United States. The currency was issued in minted metal rounds (i.e. coins), gold and silver certificates and electronic currency (eLD).
ALD certificates are "warehouse receipts" for real gold and silver owned by the bearer. According to court documents there were about 250,000 holders of Liberty Dollar certificates. The metal was warehoused at Sunshine Minting in Coeur d'Alene, Idaho, prior to a November 2007 raid by the Federal Bureau of Investigation (FBI) and the Secret Service.
Until July 2009, the Liberty Dollar was distributed by Liberty Services (formerly known as "National Organization for the Repeal of the Federal Reserve and the Internal Revenue Code" (NORFED),
On March 18, 2011, von NotHaus was pronounced guilty of "making, possessing, and selling his own coins"
Originally posted by superman2012
reply to post by YapTalk
Very informative! Thanks for sharing!
Originally posted by ItDepends
reply to post by randomname
Hey, give it a try. Let us know how you make out. Please show us your first printed form of currency.
Cheers! ID
Originally posted by greenovni
Originally posted by ItDepends
reply to post by randomname
Hey, give it a try. Let us know how you make out. Please show us your first printed form of currency.
Cheers! ID
Did you not see the post above with the videos that show that printing your own paper currency IS legal right?