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Old 12-18-2007, 09:56 PM
mandalisj mandalisj is offline
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Join Date: Nov 2007
Posts: 55
Quote:
Originally Posted by ThomPaine
Thanks for the responses and explanations. Hopefully I will be able to digest it all and make sense of it.

Thanks for your time and help,

Thom


just ask yourself, why would the Federal Reserve value their gold reserves at $42.2222 per ounce?

the answer is: because they are pretending the value of their notes is higher than it is ...

generally every promissory note begins 'for value received'

what if you didn't receive value? is the note still enforcible? is the value of their credit really worth an ounce of gold for every $42.2222 that they credit you?
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