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Thread: services for cash only, how to convert FRNs to Lawful money?

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  1. #12
    Quote Originally Posted by george View Post
    ...there is much to digest and learn in this thread and I could go into many questions about the biblical stuff but for now I need to stick to my objective and that is comprehending Davids method of redemption. (Lawful Money, LOR & R4C) I dont want to give the impression to you (MJ) that I do not value your input here by not engaging more by replying to the wonderful post you have made here. I dont mind if everyone continues discussing these things though and in fact would like that also. Im just holding opinions about it for the time being.
    My take is with FRNs you basically have "U.S. Plantation Scrip". Outside of the plantation there is lawful money. Since maybe late 1960s FRNs can double as US Notes. But I figure it depends on the accounting. FRNs are like or are clearinghouse certificates good for credit in the banking clearinghouse system--to knowledge each Federal Reserve Bank is a clearinghouse corporation. However, outside of the Federal Reserve Districts -> lawful money. Redeeming clearinghouse credit is like redeeming a coupon in a sense. Leaving a Casino? You cash your chips right? If you want to money ledgered as lawful money then you redeem it for lawful money.

    David Merrill sees a deeper esoteric aspect of redeeming lawful money. In a sense, to keep arms length or better from the speculative, elastic-currency realm of souless corporations you actively redeem clearinghouse certificates intended for Federal Reserve District banking corporations.

    Related: Just A Review
    Last edited by allodial; 09-10-14 at 01:51 AM.
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