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Thread: What is the Lawful Value of Lawful Money?

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  1. #1
    Quote Originally Posted by BLBereans View Post
    $50,000 x 23.69 (current true gold ratio) = $1,184,500.00 if one receives just and proper compensation according to lawful standards.
    $50,000 devalued would coincidentally be a 4% (prime rate + .75%) interest payment on $1,184,500 worth of lawful money.
    All rights reserved. Without prejudice. No liability assumed. No value assured.

    "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius
    "It is the glory of God to conceal a thing: but the honour of kings is to search out a matter." Proverbs 25:2
    Prove all things; hold fast that which is good. Thess. 5:21.

  2. #2
    Quote Originally Posted by allodial View Post
    $50,000 devalued would coincidentally be a 4% (prime rate + .75%) interest payment on $1,184,500 worth of lawful money.
    Well... isn't that interesting...

    Coincidence; I think not.

  3. #3
    Isn’t the 1040 and others all about FRN’s other than –line 21. Maybe a copy of warren buffets tax return might help. (LOL) Gains and losses…….Nonbusiness bad debts.
    "And if I could I surely would Stand on the rock that Moses stood"

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