The best place to start is to understand how money is created. The US Treasurer exchanges debt notes with the Federal Reserve System in exchange for credit (numerical deposit into a bank account) - this whole process relies on your endorsement.
The best place to start is to understand how money is created. The US Treasurer exchanges debt notes with the Federal Reserve System in exchange for credit (numerical deposit into a bank account) - this whole process relies on your endorsement.
Last edited by Richard Earl; 01-01-12 at 04:12 AM.
I have some understanding of how how money is created. But how and why does it rely on my endorsement? And what and where is the evidence that it relies on my endorsement?Originally Posted by Richard Earl
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