Reading over what choomer and twostroke have been arguing, I think the issue is that they think US currency is backed by debt and therefore it is debt. They think that because they read that on a conspiracy forum somewhere. They think that since currency is no longer backed by gold, thanks Nixon, that it therefore must be backed by debt. And that the government at any time will take that away from you as deemed necessary.
They have it slightly correct that the US government could in fact come in at any time and take your monies. But it is VERY unlikely. Why? Because the US currency is backed by consumer confidence, as are most currencies, hence inflation and deflation. Otherwise we'd simply barter.
They are conflating confidence with debt. Which I suppose I can understand.
Even if we were to take their premise at face value, their problem lies with the fact that it is backed by debt, and not actually debt itself. Only a simpleton would think that.
lmao! haha, i literally laughed out loud..
when the bank orders fed notes for the vault, or for the computer, what prompts the order?
personally I'm not making a specie backed argument at present, i read the coinage act and the window closed, duh.
say that note in your pocket that you conflate as a dollar was born in the bailout, still not debt?
say it was created when some guy took out a loan for a car, still not debt?
I'm not making a jew conspiracy argument either, or any conspiracy.
but the note in your wallet isn't a dollar and is redeemable in lawful money.
that said, the constitution protects your right to contract outside of it and use any money system you want....
you have lots of options there but you can only pay taxes with one elastic fiat variety and that's the catch.
