| SILVER CERTIFICATE | | This note is a silver certificate. It represents a silver dollar. Pretty cut and dried ~ one note, one silver dollar, no room for guess work or monkey business. | | UNITED STATES NOTE | | This note represents debt of the United States. Notice the heading “United States Note”. The Treasury prints this note for about 4¢. It then spends the note at face value. It also accepts these notes for payment of taxes. Although not backed by coins, its supplies are known and fixed. Any profit made stays in the Treasury to benefit the people. | | FEDERAL RESERVE NOTE | This note represents debt of the Federal Reserve Banks. Like other banks, they are not owned by the government. They buy these notes from the Treasury for about 4¢ and use them at face value, keeping the profits for its “operations” and returning leftovers to the treasury. Byits favors, it controls wealth.
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If we paid off all Federal Reserve Notes with United States Notes, we would save BILLIONS!
“If a nation can issue a bond it can issue a bill. The element that makes the bond good also makes the bill good. The difference between the bond and the bill is that the bond lets money brokers collect twice the amount of the bond plus interest. Whereas the bill pays nobody but those who contribute directly in some useful way. The people are the basis for the government credit. Why then cannot the people have the benefit of their own credit by receiving non interest bearing bonds? It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay: But one fattens the usurers and the other helps the people…” |
