Quote:
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Originally Posted by Shoonra
By definitiion, a promissory note is not a payment but an expression of a debt that will supposedly be paid at some future time.
Fleet Real Estate Funding Corp. v. Frampton (Okl.App 1991) 812 P2d 416, 15 UCC Rptg Serv.2d 987.
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Sort of like FRN's?
Hey Shoonra, what is the "national debt" "paid" in?
To whom is the "national debt" owed?
Is there a "creditor?"
Who?
Is there a "debtor?"
Who?
How does that all work?
Is there a promissory note?
Is the "national debt" greater than the amount of "national" "money" or whatever is used to "pay" the "national debt?"
How does the "national" which owes this "debt" keep "spending" in order to accomplish this:
