Article 4490 Video - Return to Joe's Hamburger Shop - Wednesday, November 22, 2023 By Anna Von Reitz

11 months ago
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Article 4490 Video - Return to Joe's Hamburger Shop - Wednesday, November 22, 2023 By Anna Von Reitz

Let's go back to Joe's place and learn some more basic economics.

Joe's place is Fred's favorite lunch spot. Fred is a Federal Employee.

All Fred, the Federale, has to function on is credit, but when he extends credit, it results in a debt.

That's why Fred has to "pay" Joe with a "debt note", otherwise known as an I.O.U. or Promissory Note from the FEDERAL RESERVE and the UNITED STATES OF AMERICA, two foreign Municipal Corporations.

Now, in a sane world, Fred would have a Credit Certificate in his pocket and be able to pay Joe with a Credit Certificate, but instead, he is reduced to paying with an I.O.U. from God-Knows-Who-or-What.

A "Federal Reserve Note" is evidence of Fred's debt, and it implies Joe's credit, but doesn't amount to an actual Credit Certificate in Joe's hand.

This makes it look like Joe is indebted, because he never actually got any credit for the hamburger he contributed. And he's left standing there with an I.O.U. as the only proof that he is owed anything at all.

All he got was Fred's promissory note, promising that the FEDERAL RESERVE and the UNITED STATES OF AMERICA --- are going to pay someday in the future, and there isn't even a date on the "Note" saying when the debt is due for payment.

So Joe got rooked out of his hamburger, Fred got free lunch, and nobody knows who or what or where or when to collect on this Promissory Note.

If you go to the "Treasury Window" to collect, and you present a box full of these I.O.U.s, they will tell you that you are not a member of their club and that it is not their debt, so buzz off.

If you go to the Federal Reserve Banks, they will say, well, you are holding a Promissory Note with our name on it, but that's not us, that's a different FEDERAL RESERVE and we aren't responsible for their debts.

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