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This whole thread is pointless. The fed is private.
The naysayers are trying to claim private bonds can't discharge public debts. If that was the case, the FED would be an impossibility. Private FED notes discharge public debt. Equality before the law dictates anyone can do the same.
But if you don't believe me, send me a private bearer bond for $10,000,000 with your notorized signature on it and I will turn it into US coin or currency. What do you think a fair fee for that service would be? Of course, i will have to pay you back. In fact you could tax back. Your signature is the currency. You have the same sovereign status over your currency as the FED and/or US has over theirs. Can the courts demand payment in FRNs? Insist on paying in coinage or US notes. It would be treason for the judge not to accept that offer to the court. I'm not mad. I'm happy the government treats private men equally and all may discharge his public debts in exchange for using public money. US currency is duty free. The fed charges a fee.
I can charge a fee too.
Who wants to send we their worthless private bond?
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