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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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This is only tangentially related to the topic, but it just occurred to me that the owners of the Fed banks must be taking their profits by demanding lawful money.
I'm slow sometimes, but I usually get there eventually.
This is only tangentially related to the topic, but it just occurred to me that the owners of the Fed banks must be taking their profits by demanding lawful money.
The U.S. debt to China changes each month, depending on how many Treasury notes the Chinese government buys or sells. In August 2013, China owned $1.268 trillion in U.S. debt. China now owns 23% of the total of $5.59 trillion held by foreign countries. The rest of the more than $17 trillion debt is owned by either the American people, or by the U.S. government itself.
For more, see Who Owns the U.S. National Debt?.http://useconomy.about.com/od/worlde...t-to-China.htm
BEIJING, China -- Sources at the United States Embassy in Beijing China have just CONFIRMED that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continued purchase of US Treasury Notes and existing US Currency reserves. http://www.knowthelies.com/?q=node/3778
Reserve currency. After World War II, the international financial system was governed by a formal agreement, the Bretton Woods System. Under this system the United States dollar was placed deliberately as the anchor of the system, with the US government guaranteeing other central banks that they could sell their US dollar reserves at a fixed rate for gold.[13]
European countries and Japan deliberately devalued their currencies against the dollar in order to boost exports and development
The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China.
Read more at http://www.liveleak.com/view?i=0f8_1...QLmyiqghvHD.99
Like you said David If China was to redeem its debt with the US, what would we do? - Send them a planeload of paper? Sure! Why not? What would they do with it? They would come over here and buy land, groceries, homes etc.
Not a planeload but a container load. http://www.cscl.com.cn/english/ They would just send back the crap they call legal tender via computer.
Hello all, I am new to this forum and just found out about lawful money. I'M in need of some help. I had been following the UCC process for years but it had it's flaws. I also read CTC and it has flaws as well. The IRS is garnishing my wages right now can some one give me guidance on how to attack this problem. Your help is greatly appreciated.
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