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Thread: Clarity please

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  1. #11
    There is certainly a lot to be learned by doing.

    Chipper registered and posted one post (so far) that has caught my attention. If you would take time to read my commentary and the red highlights then you might comprehend a little better the points I have been making.

    I believe that Chipper's interpretation of Title 12 USC ยง411 is definitely clearer than mine, maybe even more correct about the distinctions of FRNs public and private. However he leads to the interpretation that FRNs in the public as cash are based in nothing and that is in my opinion, just too... fragile! With no confidence and security building measures such as the SDR replacing the gold in around 1976 then people would not have that good faith and credit in the money as backed by the national debt.

    Therefore I restate my coined definition of SDR's - The measure of conditioning for people to endorse the private credit of the local central bank - in the US, the Fed. By even attempting to redeem lawful money by demand you remove your conditioned support as a brick in the zigurat (pyramid) on the back side of the "dollar"; any way around it and by any interpretation you choose.

    There are no silver bullets but getting your head clear of the conditioning is a great start toward better providence and will help you keep out of the mire when the gold is reinstated at $42.22/troy ounce. To everybody else, it will appear to be a "collapse".



    Regards,

    David Merrill.



    P.S.

    I watched David's video on the Fed Reserve remedy again - I think I will end up watching several times - but cant help but to think I'm listening to Jesse James the whole time.
    With all his alleged alter egos on the Web, I suppose you might find him producing videos in my name some day. I am thinking to produce a 10-minute video; Redeeming Lawful Money for Dummies...
    Last edited by David Merrill; 12-18-12 at 07:40 AM.

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