The U.S. financial landscape experienced a profound transformation following the passage of the Emergency Banking Act of 1933, House Joint Resolution 192 (HJR 192), and significant sections of Title 31 U.S. Code, such as 31 U.S.C. §§ 3123, 5118, and 5103. These legislative measures, along with Congress’s Constructive Expansion Policy enacted on March 9, 1933,…
a great video detailing how all money is debt money. Signatures, securities, bonds, drafts, checks, notes, bill of exchange, FRNs/Federal Reserve Notes, credit, promissory notes, bankers acceptances, liens, buyers order (an informal bill of exchange), and other obligations (an obligation of the United States per 18 USC section 8). Fair Use Disclaimer This content…
Many people are being defrauded, coerced, extorted, deprived, banking incorrectly, and misunderstanding the true nature of financial obligations and the protections available to them under the law. According to 18 U.S. Code § 8, an “obligation or other security of the United States” is defined broadly, indicating that all such obligations fall under the purview…
