Money vs Debt

The difference between money and debt ...

TO UNDERSTAND WHERE WE STAND TODAY REGARDING OUR MONETARY SYSTEM, IT IS IMPERATIVE TO CLEARLY DISTINGUISH BETWEEN "MONEY" AND "DEBT." While such a statement may seem rather basic, the deception in our current monetary system has become firmly established because the American people have become the unwitting victims of governmental actions and activities of greedy power mongers who have, over time, robbed us of money and left us with I.O.U's.

... is that only money can satisfy or pay off debt.

Debt can never eradicate another debt.

FIRST, LET US RECOGNIZE THAT IN ORDER FOR SOMETHING TO QUALIFY AS "MONEY" IT MUST HAVE THE ABILITY TO SATISFY OR ERADICATE A DEBT. Years ago if a debtor came to you and said he wanted to pay his debt with another debt you would most likely have laughed at him. Today, with all of society's investment "wisdom," we might entertain such an offer but would do so with the realization that the original indebtedness has still not been satisfied; i.e. our debtor didn't pay off his debt but replaced it with another that was acceptable to us. With regard to our United States currency this type of debt-substitution has also taken place only with two major exceptions.

In 1933 our money was replaced with debt - but it's still called "money:

What circulated as money in the early 1900's was in fact money. It was gold and gold fulfills all the requirements of what money must be.
What took place with the gold recall of 1933 was not a debt substitution as is illustrated above. The 1933 "heist" was the substitution of gold (money) with debt. The gold of the American people was removed from their possession by demand of the government and replaced with a promise to repay "in lawful money" which was declared to be Federal Reserve Notes (I.O.U's.)

Dishonest money can't stand on its own. It's use must be mandated by law

WHEN HONEST MONEY IS WITH US IT CIRCULATES FREELY AND IS READILY ACCEPTED BY THE PUBLIC. When it is replaced with something that is dishonest or corrupt, the government knows its use will be resisted and so must devise a means to mandate its use. The mechanism to accomplish this is called "legal tender laws. Notice that the Federal Reserve Notes (FRN's) you carry in your wallet bear the inscription "this note is legal tender for all debts public and private." In other words, by law, you may not refuse it as payment or insist that you be paid in real money.

... that's right you never even got to vote on it.

Good-bye money

GET THE PICTURE?? WITH THE STROKE OF A PEN YOUR MONEY WAS REPLACED WITH A PROMISSORY NOTE - AND AN EMPTY PROMISE AT THAT. Think about it ! !

Your permission wasn't requested,

You didn't have a vote in it,

There was never any mention of the fact that you had seen the last of what was, in fact, money.

The edict was issued and you either complied or went to jail and/or paid a fine. How different is this from a thief entering your home and stealing your money at gunpoint?

A legitimate IOU has specific repayment provisions

WHEN A PERSON OR ENTITY INCURS A DEBT, HE (or it) SIGNS A "PROMISSORY NOTE" IN WHICH A PLEDGE IS MADE TO REPAY THAT DEBT. Such a pledge clearly specifies

The amount of the loan
How much is to be repaid in a specific time period (month, quarter, etc.)
The annual rate of interest charged by the lender.
Interest is provided for in a note to compensate the lender for the loss of value experienced over the period of time during which the money is lent out; i.e. by the time he is repaid, the money won't buy what it would have at the time the loan was granted.
The period of time over which repayment is to be made.

The Federal Reserve Note (FRN)
- it's not Federal
- little reserve
- a bogus note

It's an IOU NOTHING ! !

NOW LOOK AT THE "NOTES" (FRN's) IN YOUR WALLET. Notice these key points:

Since these pieces of paper have been declared to be "money," there is no reference to what the Federal Reserve is promising to repay you. They are, in fact, promising to pay you nothing. . and if there is no indication on a note of "what" you are to be paid, then of what purpose is the denomination inscribed on the note? There is no purpose - except to try to convince people that the note, itself, has some intrinsic value. The obvious point, then, is that your $1, $5, $10, $20, $50, and $100 bills are, in fact, promises to pay you nothing.
What rate of interest is the Fed promising to pay on its loan? (If you can find it please let us know.)
What period of time is specified for repayment?
(If you can find this let us know too)

What's wrong with this picture?

A DEGREE IN ROCKET SCIENCE IS NOT REQUIRED TO DECIPHER THIS SIMPLE ANALYSIS. The obvious truth is that, when the hard-earned gold-money held by those who possessed it in 1933 was confiscated under President Franklin Roosevelt, there was never any intention to pay back anything. The Federal Reserve Note was simply a ruse to placate the people and make it appear that way. The government walked away with the gold and the citizens were left with a stack of I.O.U. NOTHINGS.

So what's the big deal? If we're all using it and it works, what's the difference?

MANY READING THIS WILL SAY: "So what's the big deal? As long as it works - who cares?" The simplest and clearest answer to this question can probably be found by talking with a citizen of Russia, Malaysia, or Indonesia, to name a few. These people know, from experience, the true worth of paper money. They've lived through economic crises and seen their savings vaporize overnight as a result of currency devaluations. Those who have never lived through currency gyrations and crashes, like those of us in the United States, believe it could never happen here. Things like this only happen to "those people - over there."

The difference is that lies last only until they are exposed.

THE REALITY IS THAT PAPER CURRENCIES ARE LIKE A HOUSE OF CARDS; - JUST WAITING TO TOPPLE WHEN ONE WRONG MOVE IS MADE. For decades Americans have enjoyed a facade of prosperity which has been built on borrowed money; - - - - "manufactured money" created by the Federal Reserve out of thin air. This game of funny money can be played for just so long before it collapses of its own weight.

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	Money vs Debt
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