Perhaps "
Lawful Money" is what Mack Ott is referring to in his article entitled "
Money, Credit and Velocity" in the May, 1982 Federal Reserve "Money" publication when he stated in a
footnote that "
exchange contracts could easily be composed to thwart its use in everyday commerce"... [referring to FRNs].
In fact, Patrick Devine is right now
exchanging certified copies of his "Certificate of Live Birth" (Banking Note) for "
lawful money" using a "
Copyhold Estate Licensing Document of Exchange of Assets" to (I think) his birth State Treasurer located in that State's Capital Building. He expects the funds this Friday or Monday. See his latest files
here, or this
ZIP file.
I will report any feedback ASAP...
Originally Posted by doug555
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