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Private Credit vs. Lawful Money
Lawful money per US Code
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All transactions on PayPal and elsewhere are demanded to be redeemed in lawful money as found in Section 16 of the Fed Act and at Title 12 USC 411.
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Lawful money per US Code
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10-16-14,
07:27 PM
#17
Keith Alan
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Nov 2012
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I thought the 300 million was backed by gold certificates, not coin. Am I mistaken?
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