Can you write yourself a cheque, or write cheques between friends, using 12 USC 411 etc?

[link to yandex.com (secure)]

Clever bankers...

Tut, tut, tut!

:goldenrose:

If banks can do it, with fraudulent mechanisms.... so can we... with LAWFUL, God-given mechanisms.

[link to www.quora.com (secure)]

You are quite right banks do create currency from simply creating the amount by an entry on a computer. This is common practice when a customer applies for a mortgage the loan again is simply entered on the borrower's account by increasing the credit on their balance. Should the customer decide after a couple of years to pay off the loan, the money the bank lent simply disappears, it does not exist anymore.

Ninety-seven per-cent of money is created this way it is termed as M4 currency, the remaining three-per-cent is classified as M1 currency which refers to notes and coins, which is the sole responsibility of the Reserve Bank. The Reserve Banks in a number of countries are now requiring more reserves and monetary security from the private banking fraternity.

~O~

This version rocks even harder. Ouch...

Does anyone really think I care about the one star ratings?

How my brain works:

- One Star? Haha, I must be over the target.
- Five Stars? Haha, I must be over the target.

One very important thing that we ALL DO, is to think that by using money (FRN’s Federal reserve notes) to conduct business and to ‘pay’ for things. According to Title 12 USC §411

§411. Issuance to reserve banks; nature of obligation; redemption Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues.

They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank.

31 U.S. Code § 5116 - Buying and selling gold and silver
U.S. Code

(1)With the approval of the President, the Secretary of the Treasury may—

(A)buy and sell gold in the way, in amounts, at rates, and on conditions the Secretary considers most advantageous to the public interest; and

(B)buy the gold with any direct obligations of the United States Government or United States coins and currency authorized by law, or with amounts in the Treasury not otherwise appropriated.

(2)Amounts received from the purchase of gold are an asset of the general fund of the Treasury. Amounts received from the sale of gold shall be deposited by the Secretary in the general fund of the Treasury and shall be used for the sole purpose of reducing the national debt.

(3)The Secretary shall acquire gold for the coins issued under section 5112(i) of this title by purchase of gold mined from natural deposits in the United States, or in a territory or possession of the United States, within one year after the month in which the ore from which it is derived was mined. The Secretary shall pay not more than the average world price for the gold. In the absence of available supplies of such gold at the average world price, the Secretary may use gold from reserves held by the United States to mint the coins issued under section 5112(i) of this title. The Secretary shall issue such regulations as may be necessary to carry out this paragraph.
(b)

(1)The Secretary may buy silver mined from natural deposits in the United States, or in a territory or possession of the United States, that is brought to a United States mint or assay office within one year after the month in which the ore from which it is derived was mined. The Secretary may use the coinage metal fund under section 5111(b) of this title to buy silver under this subsection.
(2)The Secretary may sell or use Government silver to mint coins, except silver transferred to stockpiles established under the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98 et seq.). The Secretary shall obtain the silver for the coins authorized under section 5112(e) of this title by purchase from stockpiles established under the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98 et seq.). At such time as the silver stockpile is depleted, the Secretary shall obtain silver as described in paragraph (1) to mint coins authorized under section 5112(e). If it is not economically feasible to obtain such silver, the Secretary may obtain silver for coins authorized under section 5112(e) from other available sources. The Secretary shall not pay more than the average world price for silver under any circumstances. As used in this paragraph, the term “average world price” means the price determined by a widely recognized commodity exchange at the time the silver is obtained by the Secretary. The Secretary shall sell silver under conditions the Secretary considers appropriate for at least $1.292929292 a fine troy ounce.

Coinstar

You highlighted the wrong part...

Who are you to make such redemptive demands lol

Once new Federal Reserve notes are issued, they become a liability of the Federal Reserve, which can be redeemed by bearers on demand for different Federal Reserve notes.


This circular logic should make perfect sense to you, Daozen

Writing yourself a check is called a withdrawl.

The Federal Reserve Act specified that the notes could be used to pay “taxes, customs, and other public dues” without saying anything about private debt

You spelled “check” wrong!

Joke

You say withdrawal, he says exercising his rights as a sovereign Child of God.

What's the difference

Well, exactly.

That's what I've been thinking, and what the lawful money documents seem to imply.

Do you have any ideas?

Looking at Ethereum and currency creation now.

But there must be old school methods too...

I have some free time today, will study.

Preciate all the clues everyone,

Sincerely,

F. Gump

Forest went through the posts one by one, scratching his head as he went.

Hello Mr Maximillo,

Will check it out.

[link to www.coinstar.com (secure)]

Crypto for cash.

Hmmm, that could really, really help me.

Good find. Will study all day.

[link to www.coinstar.com (secure)]

Cheers,

Doozle

Maybe it should've been the last line.

There was a poster on another thread that was adamant that "redemption" does not need ot be at a Fed bank, it can be done anywhere.

It was on one of the longer threads. His name was 708, IIRC.

Haha.

12 years in Asia... I have come up against walls of circular mirrors many times.

Haha.

12 years in Asia... I have come up against walls of circular mirrors many times.

hmmm.

So you write the "check" to "check" your balance.

I suspect there's some powerful uses of cheques.

"Write yourself a cheque, but draw it against the right account, with the right documents, comes to mind"

Let's be pragmatic, I am probably 20-30 Gump-study hours from figuring this out.

I suspect there are many Spiritual Blunder Boys here on GLP.

I was taught about The Player Account last year in Taipei, by a respected and trusted contact I've known for 3 years.

He, passing a message, told me a week or two later that I was an "illegal player", and couldn't redeem the account.

He seemed uncomfortable about this, like he was being pressured by both sides, so I let it go.

But I know if I really get the paperwork and process right, they can't stop me.

1) Issue your own currency on Ethereum etc.
2) Redeem on coinstar for cash.

Easier said than done, (there are many crypto coins out there) but remains one viable path...

If I don't figure out the lawful money thing, the sweet spot between Crypto and Lawful money is interesting.

Studying ongoing.

You both are a bit off.

REDEMPTION is BETWEEN YOUR EARS

You are a Federal Reserve Agent / Federal Reserve Bank......all you need to do is MAKE THE DEMAND.

But realize you must understand what you are doing. It is not about avoidance of an income tax. It is about realizing who you are and taking control of yourself and your life.

You must understand who you are. You will be tested and probed by the IRS. You must understand it well or you will get scared, fold and possibly be in some trouble.


User 71408469 no longer posts here.....Martin Earl Fisher, retired cop.....but he has some sage advice from 6 years ago. Here's a link to 2 consecutive posts he authored about Lawful Money

Thread: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul (Page 103)

It would do anyone well to use the advanced search function here to look up all posts of Martin Earl.....starting Feb 7, 2016.....he's a sharp fella & sees thru all the bullshit

Very useful, thanks.

I went through some of that thread and took notes.

I know we are The Crown, and they are actually borrowing ghost money from us.

I am not going to fold or cave. I know who I am.

My issue is... practically...

... how do I do this from Taiwan?

Coinstar seems like one viable option.

Can this be done via mail?

I know the paperwork has to be razorsharp.

I'll get there.

Hope you stick around in this thread.

Peace.

11-year-old Preston Waters figured this trust thing out back in the 90's

[link to en.wikipedia.org (secure)]

:ohlook:





.

Must be some truth there.

Lets study the wiki.

From the Wiki:

The film follows a boy who inherits a blank check and uses it to buy a house under an alter ego, but is soon being searched for by several members of the bank he cashed it under.

So that sounds about right. The bank will be after you.

So basically, you write a cheque to yourself, or a friend, but draw on your lawful money trust, not fedres account?

Lots of people keep mentioning cheques here.

Where can I read about trusts in this context?

I guess -12usc411 crown trust- is a good search...