Federal Reserve Fraud

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Jazon Panther. Ph.D.

Well-known Member
Jan 13, 2021
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Atlantis & the Endless Isles
Federal Reserve Fraud


In defining Federal Reserve notes, the Federal Reserve Act of 1913 stated that they

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 [emphasis added].

So why would they be redeemable in “lawful money” if they are lawful money? The short answer is that they are not, as noted above, lawful money, but rather instruments of legal tender.

Federal Reserve Fraud
Kevin Stone. October 14th, 2019
 

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