What's in YOUR wallet? (hint: it is not money) UPDATE: INTERVIEW WITH AUTHOR

[Dissipate]

Right now I'm reading a book called: Money-Ye shall have honest weights and measures. Excellent book on money and the scam the government and the Federal Reserve is perpetuating today. You can order and read about it here. It is expensive, about $55 shipped, but it has really nice color prints of U.S. currency specimens from history.

UPDATE: RADIO INTERVIEW WITH AUTHOR OF BOOK

I just wanted to share a portion of the book that talks about the true meaning of money, dollar, currency and note.

Money: Coins or other mechanical devices manufactured in a mint-from gold, silver or other precious or semiprecious metals-to be media of exchange.

Dollar has multiple definitions, but these definitions show that the government no longer issues dollars into circulation in the U.S. today.

Dollar: 1) Unit of meausure of weight of lawful money manufactured in a United States Mint;

Dollar: 2) Unit of measure of weight of gold or silver coin, dust, nuggets, bullion or plate, especially in the United States of America;

Dollar: 3) Official unit of accounting for money transactions in the United States of America and several other countries;

Dollar: 4) Nickname of coinage officialy minted in the United States of America from 1794 through 1964;

Dollar: 5) Variable of name of Spanish or Dutch coin ca. 1520 A.D., et seq.; and,

Dollar: 6) Variable of nickname of German coin ca. 1517 A.D., et seq.

Currency has two definitions:

Currency: 1) media of exchange.

Currency: 2) financial instruments convertible into money within twelve months.

Note is more complicated but this is important:

At law, a pay-back agreement is called a Note only when it has four essential parts or elements. If a written instrument does not have all four of these elements, it is not a Note. What, then, are the four elements needed in a written instrument for it to be a Note at law?

The first element needed is the identity of the document's maker, or who originated it. In the case of your Note to the bank, you would be the maker.

The second element needed is the name of the party which is to receive payment.

The third element needed is the due-date, a specific date when each periodic payment is due and payable, or the date the Note is to be paid by a single payment (as in a ninety-day Note).

The fourth and last element needed is the Dollar-amount of the loan or pay-back.

This definition clearly shows that the green paper in your wallet is not a Note, because it lacks the second, third and fourth elements that is required for it to be a Note.

So what exactly is that green paper in your wallet? It is a Federal Reserve Token.

In our transactions in the U.S. today, most of the pieces of paper we use are labeled "Federal Reserve Note." Researchers into what has become known as "money issue" are quick and correct to point out that these pieces of paper are not bona fide Notes in financial and legal contemplation, although they obviously resemble the real Notes which were issued and used years ago.

The curious pieces of paper we now list on deposit slips, for example, might best be called tokens.

Our dictionary says a token is a piece of metal, somewhat like a coin, stamped for a higher value than the metal is worth and used for a special purpose, such as for a subway or bus fare, or for entry into a game or other amusement.

While this definition of token may have been adequate in the early part of this century, today's monetary circumstances require us to use the following definition:

Token: a thing labeled as having an extrinsic worth markedly greater than its intrinsic worth, used for a special purpose.

In this more comprehensive definition, if we substitute "piece of paper" for "thing" we may begin to see certain government-issued pieces of paper in sharper focus.

In regard to the Federal Reserve Tokens, abbreviated FRTs, we now use as money, it is true that we list them on deposit slips under Currency, where we formerly listed genuine Federal Reserve Notes. But we can refer to today's tokens (FRTs) as currency only in the sense of our first definition, media of exchange.

We cannot rationally refer to FRTs as currency in the sense of the second definition because, in financial and legal contemplation, FRTs are not current assets to their bearer or holder. This is because FRTs are not convertible, at least not in the manner of genuine Notes or Certificates, into money at any time, much less within twelve months. They aren't convertible, that is, redeemable in lawful money, at either the United States Treasury or at any Federal Reserve Bank or at any other bank.

What does all of this tell us? The government has deceptively tried to alter the definitions of these words in order to trick the public into believing that it is continuing to issue money, notes, and dollars into circulation. The only things it is issuing are tokens as currency (currency of the first definition). Tokens are certainly no substitute for money, the public has been deceived. I've talked to several people who still believe that FRTs are redeemable for gold and silver, including a bank teller!

Get the book and spread the word!

 

And we're perpetuating a scam on the feds by actually USING those little green sh!ts to GET STUFF!!!!!

Muahahahahahahahahahahahaha! DOLLARS!!!!!!!! WAHhhhhhhhhhhhhhhhhhh!

Eat it, Federal Reserve!

Speaking of scam, $55 for a book about money? Looks like YOU got scammed...I'll wait 'till it's in mass-market paperback.

 

[Spencer278]

What's in YOUR wallet? (hint: it is not money)

Yeah thanks for reminding me that I'm broke.

 

[z0mb13]

do u know that we no longer use the gold standard?

also the money that the gov circulates is based on TRUST.

Whats the difference between tokens and notes? You can still spend tokens anywhere. Name me a place in the whole world that does not accept a US dollar.

 

[z0mb13]

oh and also if u dont believe in ur money just give em tome!

 

[Dissipate]

Originally posted by: jumpr
And we're perpetuating a scam on the feds by actually USING those little green sh!ts to GET STUFF!!!!!

Muahahahahahahahahahahahaha! DOLLARS!!!!!!!! WAHhhhhhhhhhhhhhhhhhh!

Eat it, Federal Reserve!

Speaking of scam, $55 for a book about money? Looks like YOU got scammed...I'll wait 'till it's in mass-market paperback.

Some people are paying $155 for it.
Link

Plus, it has 50 color huge prints of U.S. paper currency from history, it is hardback and the pages are nice and glossy.

 

[Dissipate]

Originally posted by: z0mb13
do u know that we no longer use the gold standard?

also the money that the gov circulates is based on TRUST.

Whats the difference between tokens and notes? You can still spend tokens anywhere. Name me a place in the whole world that does not accept a US dollar.

Trust? Did you know that the government slowly changed the wordings on the currency from being redeemable on demand to simply being "legal tender"? It kept ALL the other features of the currency, the look the feel, and it simply took those words off. It continued to call them dollars, notes and money.

That is a severe violation of trust, so severe that there are people TODAY who still think they are really notes that can be redeemed.

 

[tweakmm]

mon·ey ( P ) Pronunciation Key (mn)
n. pl. mon·eys or mon·ies
1.A medium that can be exchanged for goods and services and is used as a measure of their values on the market, including among its forms a commodity such as gold, an officially issued coin or note, or a deposit in a checking account or other readily liquifiable account.
2.The official currency, coins, and negotiable paper notes issued by a government.
3.Assets and property considered in terms of monetary value; wealth.

Webster > you

 

[Spencer278]

Originally posted by: Dissipate

Originally posted by: z0mb13
do u know that we no longer use the gold standard?

also the money that the gov circulates is based on TRUST.

Whats the difference between tokens and notes? You can still spend tokens anywhere. Name me a place in the whole world that does not accept a US dollar.

Trust? Did you know that the government slowly changed the wordings on the currency from being redeemable on demand to simply being "legal tender"? It kept ALL the other features of the currency, the look the feel, and it simply took those words off. It continued to call them dollars, notes and money.

That is a severe violation of trust, so severe that there are people TODAY who still think they are really notes that can be redeemed.

Using goverment issued money has always been based on trust even when you could redeem the money for gold/silver at a point the goverment could just say no you would have basicly no recourses. Just like if the goverment started to print boatloads of money you would have no recourses.

 

[brigden]

Fvck this, I'm off to play BF: Vietnam...

 

[Dissipate]

Originally posted by: tweakmm
mon·ey ( P ) Pronunciation Key (mn)
n. pl. mon·eys or mon·ies
1.A medium that can be exchanged for goods and services and is used as a measure of their values on the market, including among its forms a commodity such as gold, an officially issued coin or note, or a deposit in a checking account or other readily liquifiable account.
2.The official currency, coins, and negotiable paper notes issued by a government.
3.Assets and property considered in terms of monetary value; wealth.

Webster > you

Let me lay down the law upon the subject. Life and language are alike sacred. Homicide and verbicide - that is violent treatment of a word with fatal results to its legitimate meaning, which is its life - are alike forbidden.

- Oliver Wendell Holmes

 

[z0mb13]

oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

 

[fredtam]

Are you just clueless or related to the author?

 

[Dissipate]

Originally posted by: z0mb13
oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

Go to a bank or federal reserve bank and redeem it for dollars which at the time were weights of precious metals, gold and silver. 371.25 grains of silver or 27.0 grains of gold to be exact.

 

Originally posted by: Dissipate

Originally posted by: z0mb13
oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

Go to a bank or federal reserve bank and redeem it for dollars which at the time were weights of precious metals, gold and silver. 371.25 grains of silver or 27.0 grains of gold to be exact.

And providing that the United States currency system will not collapse in the near future, why would I want to redeem my money for gold? Gold can't buy me a new video card.

I prefer the little green sh!ts.

 

[mugs]

Originally posted by: Dissipate

Originally posted by: z0mb13
do u know that we no longer use the gold standard?

also the money that the gov circulates is based on TRUST.

Whats the difference between tokens and notes? You can still spend tokens anywhere. Name me a place in the whole world that does not accept a US dollar.

Trust? Did you know that the government slowly changed the wordings on the currency from being redeemable on demand to simply being "legal tender"? It kept ALL the other features of the currency, the look the feel, and it simply took those words off. It continued to call them dollars, notes and money.

That is a severe violation of trust, so severe that there are people TODAY who still think they are really notes that can be redeemed.

Anyone who's ever seen a silver certificate knows they are easily distinguishable from a regular dollar bill. And you'd have to be a moron to think that you can still redeem money for silver or gold, so take your alarmist bull-sh!t somewhere else.

As long as I can use whatever I have in my pocket (usually credit and debit cards) to buy stuff, I don't care what you call it.

 

[Dissipate]

Originally posted by: jumpr

Originally posted by: Dissipate

Originally posted by: z0mb13
oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

Go to a bank or federal reserve bank and redeem it for dollars which at the time were weights of precious metals, gold and silver. 371.25 grains of silver or 27.0 grains of gold to be exact.

And providing that the United States currency system will not collapse in the near future, why would I want to redeem my money for gold?

Money is made of gold or silver. You would not redeem your money for gold, that is nonsensical. What you might want to do is redeem your Notes for gold. Why? To insure the government can't run the printing presses as much as it likes which it has been for some time now.

 

[z0mb13]

Originally posted by: Dissipate

Originally posted by: z0mb13
oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

Go to a bank or federal reserve bank and redeem it for dollars which at the time were weights of precious metals, gold and silver. 371.25 grains of silver or 27.0 grains of gold to be exact.

ERRRRRRRRRR didnt I tell u that the US no longer use a gold standard?!?!?!?

A lot of countries in the world no longer uses the gold standard as well. whats the point of changing dollar bills to gold, can u shop with gold?

that book is utter BS... and you sir are a dumbass to even consider this as a problem.

 

[Dissipate]

Originally posted by: mugs

Originally posted by: Dissipate

Originally posted by: z0mb13
do u know that we no longer use the gold standard?

also the money that the gov circulates is based on TRUST.

Whats the difference between tokens and notes? You can still spend tokens anywhere. Name me a place in the whole world that does not accept a US dollar.

Trust? Did you know that the government slowly changed the wordings on the currency from being redeemable on demand to simply being "legal tender"? It kept ALL the other features of the currency, the look the feel, and it simply took those words off. It continued to call them dollars, notes and money.

That is a severe violation of trust, so severe that there are people TODAY who still think they are really notes that can be redeemed.

Anyone who's ever seen a silver certificate knows they are easily distinguishable from a regular dollar bill. And you'd have to be a moron to think that you can still redeem money for silver or gold, so take your alarmist bull-sh!t somewhere else.

As long as I can use whatever I have in my pocket (usually credit and debit cards) to buy stuff, I don't care what you call it.

Interesting how you say AS LONG AS I CAN....

 

[z0mb13]

Originally posted by: Dissipate

Originally posted by: jumpr

Originally posted by: Dissipate

Originally posted by: z0mb13
oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

Go to a bank or federal reserve bank and redeem it for dollars which at the time were weights of precious metals, gold and silver. 371.25 grains of silver or 27.0 grains of gold to be exact.

And providing that the United States currency system will not collapse in the near future, why would I want to redeem my money for gold?

Money is made of gold or silver. You would not redeem your money for gold, that is nonsensical. What you might want to do is redeem your Notes for gold. Why? To insure the government can't run the printing presses as much as it likes which it has been for some time now.

WRONG..

money USED to be made of gold and silver. now it is all based on TRUST.

How do the FED increase money supply into the economy? The FED does this thing called open market operations. If the FED wants to increase money supply, they PURCHASE government bonds or T bills from the general public. And where does this money come from to purhcase the bonds? it comes out of thin air! it is all based on trust.

 

[Dissipate]

Originally posted by: z0mb13

Originally posted by: Dissipate

Originally posted by: z0mb13
oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

Go to a bank or federal reserve bank and redeem it for dollars which at the time were weights of precious metals, gold and silver. 371.25 grains of silver or 27.0 grains of gold to be exact.

ERRRRRRRRRR didnt I tell u that the US no longer use a gold standard?!?!?!?

A lot of countries in the world no longer uses the gold standard as well. whats the point of changing dollar bills to gold, can u shop with gold?

that book is utter BS... and you sir are a dumbass to even consider this as a problem.

Uh huh, question nothing, right? You sir are a dumbass for living your whole life and not even questioning the currency you use every day. The federal reserve and the banks have taken you for an @ss ride my friend.

 

[Sid59]

im lost. i need to reread all that crap.

 

[Zenmervolt]

Originally posted by: Dissipate

Originally posted by: z0mb13
oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

Go to a bank or federal reserve bank and redeem it for dollars which at the time were weights of precious metals, gold and silver. 371.25 grains of silver or 27.0 grains of gold to be exact.

That was done nearly 100 years ago, and was and is widely publicised and easily discovered. It is not "hidden" and if you weren't taught that the US was off of the Gold Standard and off of the Silver Standard in your 9th grade US history class then your high school sucks. Your "revelations" are not news to anyone except someone who has had his head in the sand. As far as a bank tellar being mistaken, you do realise that bank tellars are _not_ by any stretch of the imagination financial professionals? Most of the time tellars either have no college degree or their degree is in the humanities and they have a job as a tellar because they just need the income.

ZV

 

[Spencer278]

Originally posted by: Dissipate

Originally posted by: jumpr

Originally posted by: Dissipate

Originally posted by: z0mb13
oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

Go to a bank or federal reserve bank and redeem it for dollars which at the time were weights of precious metals, gold and silver. 371.25 grains of silver or 27.0 grains of gold to be exact.

And providing that the United States currency system will not collapse in the near future, why would I want to redeem my money for gold?

Money is made of gold or silver. You would not redeem your money for gold, that is nonsensical. What you might want to do is redeem your Notes for gold. Why? To insure the government can't run the printing presses as much as it likes which it has been for some time now.

If I wanted my money in the form of gold I could go buy gold. Just like if I want my money in the form of food I go and buy food I don't have to special food notes that are demable for meat.

 

[z0mb13]

Originally posted by: Dissipate

Originally posted by: z0mb13

Originally posted by: Dissipate

Originally posted by: z0mb13
oh ok, name me something that we cant do with today's money compared to the money before the goverment made the changes

Go to a bank or federal reserve bank and redeem it for dollars which at the time were weights of precious metals, gold and silver. 371.25 grains of silver or 27.0 grains of gold to be exact.

ERRRRRRRRRR didnt I tell u that the US no longer use a gold standard?!?!?!?

A lot of countries in the world no longer uses the gold standard as well. whats the point of changing dollar bills to gold, can u shop with gold?

that book is utter BS... and you sir are a dumbass to even consider this as a problem.

Uh huh, question nothing, right? You sir are a dumbass for living your whole life and not even questioning the currency you use every day. The federal reserve and the banks have taken you for an @ss ride my friend.

my point is: there is NO NEED for questioning. There is a VERY slim chance that the US government will collapse. Like I said, everything is based on trust. If you dont trust the Fed, simply dont use their money. Give all of ur money to ME