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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Sovereign citizens: Is this an accurate portrayal?
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Poster Handle
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Miss Kitty |
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Post Content
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And so it is with the dollar. If I hold a $20 bill, its the government that is obligated to pay me, as the holder of the bill. I don't suddenly acquire the debt myself, nor am I obligated to pay it to anyone. And whom ever I give or trade the $20 bill, the government is similarly obligated to pay them.
Not the other way around. No one is 'contractually obligated' to do a thing if they are the holder of government debt.
Quoting: J 34311994 That doesn't make any sense. If you hold a $20 bill, what exactly is the government obligated to to pay you for? Besides the fiat $20 Federal Reserve Note, what else is the government going to use as payment? Gold? Silver? Shares of Goldman Sachs? I think this is a legitimate misunderstanding on the part of J.
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