People Use Banknotes and Promissory Notes as Money because people believe the banks and UNITED STATES GOVERNMENT MUNICIPALITY STATE when they lie to you by saying that the worthless FRNs are money.
FRNs are DEBT MONEY, Banknotes Promissory Notes that are perceived and believed to be money by you debt slaves.
One advantage of a system that uses fiat money like the FRN is that the amount of money in circulation can be responsive to changing economic conditions and borrowed into creation without any consideration backing by the banks from your signature.
That is if more money is needed, and more debt money is needed all the time every time you sign your Credit Signature and the Banksters can always print more money out of thin air for just a few cents for the paper and ink based on your belief, good credit, and good faith in the Government and Banks not lying to you.
What a BANK AND GOVERNMENT MYTH AND FARCE!!!
Today, the Government promises to honor the value which is ZERO of the Private Foreign Banksters’ fiat paper banknotes and promissory notes for all time, even for banknotes that are no longer in use, again based on your belief, good credit, and faith in the Government and Banks.
For example, after the introduction of the United States Notes that were backed by gold or silver thru Certificates during the Civil War incident, the old gold backed certificate paper notes were taken out of circulation in 1913 with the Banksters’ Federal Reserve Act.
So if you have an old gold certificate today, you can still exchange it in person at any Bank for their worthless Fiat paper Commercial Promissory Note Dollars, NOT Gold or Silver, but worthless pieces of paper Government Military paper script money. What a deal for the Banksters to receive Gold-Backed Money for worthless pieces of paper that are only worth about 2 pennies each, the price of ink and paper per each denomination of the modern fiat Dollar.
Think about it..
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