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Path: utzoo!watmath!clyde!floyd!vax135!cornell!uw-beaver!teltone!teldata!dave
From: dave@teldata.UUCP (Dave Heppner)
Newsgroups: net.legal
Subject: RE: Paid in $
Message-ID: <273@teldata.UUCP>
Date: Fri, 23-Mar-84 15:27:42 EST
Article-I.D.: teldata.273
Posted: Fri Mar 23 15:27:42 1984
Date-Received: Sun, 25-Mar-84 09:24:05 EST
Organization: Teltone Corp., Kirkland, WA
Lines: 20

Subject: RE: Paid in $
Newsgroups: net.politics, net.legal

Since the Federal Reserve System was created in 1913 the
value of the Federal Reserve NOTE is now only worth seven
cents on the dollar.

By virtue of the Federal Reserve note being a note it is
a promise to pay. While the FRN is a promise to pay there
is nothing for it to be paid in.

What I would like to know is if FRN's are only promises to
pay how could we every have profit or gain when using them?

	Are we really free if we have to serve the government
	we created?

			Dave.