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REPORT ABUSIVE REPLY
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Message Subject
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12 USC 411, "...Federal reserve notes shall be redeemed for lawful money on demand..."
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Poster Handle
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John Donson |
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Post Content
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I do it and so do many others. US Treasury notes are located on the right side of the face of all Federal Reserve Notes.
The US treasury seal is separated by the drawing of the dead president on every Federal Reserve note but the $1 and $2 bill.
if you do not record your "demand for lawful money per 12-USC 411"
You by default, are using unredeemed Federal Reserve Notes (the note on the left of the dead guy).
If you demand redemption on all accounts and transactions, you are proving the use of the US Treasury note on the Right side of every BILL.
Not rocket science, just the law!!
Quoting: Anonymous Coward 7852806 I don't understand, can you explain in a little more detail? Also, have you actually gotten a physical replacement for the FRN??? If so, can you post a pic, I would be interested in seeing what it looks like. Thanks! They actually look identical except for a few things. Real money says "US Treasury Note" instead of Federal Reserve Note at the top. Also, the serial numbers to the right of the dead President (as you look at it) are red in color vs. green. That's the only difference. The problem is when you spend it. You will get FeRN's for change. You should look at how to endorse your paychecks so they are deposited as real money vs. FeRNs. This is supposed to keep you from paying income tax. It's all in the codes!
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