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Originally Posted by SaveUncleSam
Yes, and what David says is by walking into the bank with a FRN, you are admitting to using private credit.
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I think one the assumptions of operating under a "private" credit system is that there is actually a "public" alternative (or some other alternative).
Realistically speaking, in the United States today, this is of course untrue.
There are no "practical" alternatives to the private Fed credit (i.e., debt) system, and these claims that you occassionally hear from Corp US agencies such as "you don't need a SS number", "SS is voluntary", so on, are patently
frivolous and those "government" officials making such statements should be prosecuted for fraud.
The whole purpose of Social Security (i.e., the private credit system) is to place title of all property + possessions in this land into the hands of the private, central bankers.
This is criminal fraud writ large.