Written by Michael Noonan (Michael Noonan)
This article is a brief, but totally accurate, description of what money is. People prefer to believe in the lie, that… Federal Reserve Notes (debt instruments) are real money and accept as such.Fiction takes precedence over reality. There is only one form of money…and that form is in gold and silver.
The Coinage Act of 1792 established silver as the monetary money of account in the United States, and while the government and federal courts still refuse to acknowledge it, that law has never been overturned and still applies – at least it is supposed to apply.
A U.S. dollar is not a piece of paper, such as what circulates today as fiat Federal Reserve Notes. They are not Federal; there are no reserves; and they do not even meet the definition of what a Note is. Yet, almost everyone around the world accepts the worthless fiat, spending their lives working for it, willing to steal, go to jail, even die for the fiat, all without the slightest idea of the difference between a lawful dollar of silver and a “dollar” issued by the foreign banking cartel, the Federal Reserve.
A U.S. dollar is the standard for all silver coins and shall consist of 371 grains and 4/16ths part of a grain of pure silver, or 416 grams of standard silver.
A Federal Reserve Note…is a debt instrument. All so-called legal tender in this country is debt. Debt is the opposite of money…The Federal Reserve Act of December 1913, in which the bankers finally took control of the money supply of the U.S., turned the definition of money upside down to the extent few in this country, indeed the world, have a clue what lawful money is.
The greatest growth and prosperity in the U.S. occurred in the 1800’s when gold and silver were the only form of money. The biggest change began starting in December 1913, and just over a century later, the entire world is awash in debt-considered-to-be-money-but-is-not!