Comment: All US "legal tender" Fed Dollars... paper or not... are credit

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All US "legal tender" Fed Dollars... paper or not... are credit

Federal Reserve notes are mystically created out of a promise-to-pay... A promissory note. Whether paper, plastic or electronic, all are backed by faith in a promise to pay. baffling though it may seem, those promissory notes are also used as cash in our marketplace.

It is a game of musical chairs; each player hoping someone else will pay... When the music stops it is unlikely that a soul will admit it was a charade. Few comprehend that paper, plastic or electronic notes are but faith based value.

End the Fed: loaning you blind, since 1913.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul