Who Prints The Dollar?
Have you looked at a United States dollar? What do you notice?
Look at the top it says Federal Reserve Note, doesn't it?.
Do you know that the Federal Reserve is a private corporation?
Have you noticed that nobody from the Federal Reserve has endorsed a Federal Reserve note?
The bill is endorsed by the Treasurer and the Secretary of the Treasury but not by the company that issued it. What backs up the Federal Reserve dollars. The Corporation of the United States' ability to tax the labor. sweat, and energy, of its citizens.
What Makes The Dollar Valuable
That is right, you are the collateral which is held by the international bankers that hold our debt. We accept a currency for our sweat which is valued by the sweat itself.
What are Federal Reserve Notes to be used for?
It says right on the note that it is to be used legally to pay debt public and private. This is correct, the dollars you hold as value are instruments of debt. It does not state on the bills that it is legal to accumulate wealth with them. They are to be used to pay debt only, either public or private!
Federal Reserve Notes VS United States Notes
What Are Dollars?
The bills themselves are made out of a cloth or linen like materiel. When I handle dollars I think they are the dirtiest things I would ever touch. They are disgusting, You never know where they have been. Who knows what disease and influenza the bill is carrying.
The true value to a Federal Reserve Note is the object or service that you receive in exchange for them. If someone is willing to give you a bottle of water for one increment of debt then you are the winner, in my opinion. That is right I consider every dollar to be simply an instrument of debt.
The Federal Reserve is a private corporation!
What is wrong with Federal Reserve Notes?
The worst part of Federal Reserve Notes is the interest we have to pay as taxpayers to the Federal Reserve. It is possible for the United States to print its own money and cut out the expense of the Federal Reserve.
Why does the United States not print its own money?
It is because it has been bought and paid for by international bankers. President Lincoln as well as President Kennedy both thought the country would be better off without the yolk of international bankers on the countries back. We know what happened to them.
Is it possible that our politicians fear these bankers? Is it possible that these bankers control our whole system simply by having the power to issue and retract credit?
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Reality Bytes (author) from Freeman On The Land United States of America. on November 08, 2010:
TheAnrkist I agree with you, I trade my labor for food, clothing, and shelter. Inflation will not affect my wages!
TheAnrkist on November 07, 2010:
Noone is forcing anyone to use or work for the dollar. Everyone is free to work for whatever they agree upon with the person employing them. People have just come to accept the dollar as a common trading tool. It's no different if we all used gold instead.
EVERYTHING in this world is only worth what someone else is willing to give you for it.
Reality Bytes (author) from Freeman On The Land United States of America. on July 26, 2010:
Actually getting us to believe that instruments of debt actually hold a monetary value is the biggest illusion I have ever heard of.
lxxy from Beneath, Between, Beyond on July 08, 2010:
"Haha, they'll never be out of debt! It's the perfect answer to control!" ;)