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Message Subject what are the advantages and disadvantages of declaring personal sovereignty???
Poster Handle Anonymous Coward
Post Content

Money does not exist except as a concept in the imagination. If you did not place the idea of currency as your king then who cares about a fine?

 Quoting: Anonymous Coward 19588417

Money is not imaginary. Money is a division of worth of labor. Since I can trade my Dollars for goods and services and I must provide goods or services to make more of that imaginary money- it has value because we agree it does.

The barter system is too hard. I need some Apples but my skill is Home building (not really, but...) there is no way to really trade this- So we provide a "perceived value" attached to the currency (be it Gold, Silver , paper or electronic) which I can parcel out into smaller purchases.

Funny the people who keep hawking this "Imaginary paper fiat money" ideal will gladly take your Dollars for their services (and spend them) and will gladly take your imaginary paper dollars for their "real" Gold.

Again, Philosophically speaking you are correct. real World application, not so much.
 Quoting: Goodmen 16778386

Federal Reserve NOTES are not money, they are "legal tender" states it right there in black and white.

There you go, projecting your beliefs on a NOTE and calling it "money", your premiss is flawed because you are ignorant.
 Quoting: Anonymous Coward 20901334

Its Debt (if you wish to get technical)- But....

Money is a generic term. You work, your paid, you spend...Money.
 Quoting: Goodmen 16778386

It is not a generic term, the law of the land in the Republic is clear on what is legal tender for debts and has been since before this nation existed.

There are many forms of legal tender and there are contractual forms of lawful money, but that is a matter of agreement between two parties and is NOT the law of the land, but is contractually binding (and therefore lawful).

You are a novice at this, I can tell.

Keep trying, you might learn something.
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