Originally Posted by
David Merrill
I have found it worth pondering - now that I see somebody blatantly declaring the Demand and Intent across GRANT's face, What is it exactly that renders a bill unfit for circulation?
If the Quick Stop clerk refused to accept your $50, called 911 and that got to the Treasury's Secret Service, would that constitute you rendering the bill unfit for circulation?
Not that I fear for you Jaro; I doubt you are getting into such trouble. The reissuance of evidence of debt is in the dominions of federal reserve banks - according to the Fed Act and §411 and I doubt the SS will risk exposing all endorsers to be Fed banks. I think it might be safer though, to use water-based inks so that you could wash it out with soapy water prior to the SS or police arriving. - No harm done.
Thank you for the lessons!My point being that defacing currency might just be a matter determined by the Fed bank/shopkeeper saying he does not like to see the stamp across GRANT's face. I do not believe that US notes, in whatever form, are true money when the Chairman of the Federal Reserve does not even believe that gold is money.