State Issued
Home Money and Banking Fractional-Reserve Banking

Fractional-Reserve Banking

The bank issues more units of fiduciary money than it has units of commodity money available for redemption, counting on the unlikelihood that the majority of its customers will ever seek redemption at one time. See Return to Constitutional Money

Federal Reserve System

Federal Reserve System: Cartel Structure

The Federal Reserve SystemThe Federal Reserve System is a cartel that controls the United States money supply and redistributes wealth with the blessings of...
Legal Tender Law

“Legal Tender Law”: Opting Out

"Legal Tender Law": Opting OutIt is the general consensus among economists that the "Legal Tender Law" (Title 12 of The United States Code, Section...
Federal Reserve Act

The Federal Reserve Act, Section 30

The Federal Reserve Act, Section 30“The right to amend, alter, or repeal this act is hereby expressly reserved”. The Federal Reserve Act, Section 30 The Federal...
Inflation

Inflation: Congress’s Constitutional Powers and Disabilities

Inflation: Congress's Constitutional Powers and DisabilitiesMore important than the constitutional power of Congress to end inflation is its constitutional duty to do so—or, put...
redeemable currency

“Right of Redemption” of Paper “Money”

“Right of Redemption” of Paper "Money"The devolution of Federal Reserve Notes (FRNs) from a paper currency redeemable in gold to one redeemable only in slugs...
Constitutional vs Confidence Game fiscal system

Constitutional vs. Confidence Game Fiscal System

1.) Silver and Gold as Money is constitutionally required for Economic "Homeland Security" Historically, silver and gold have always proven to be the best...
"well regulated Militia" 2nd Amendment

Related Topics

special interest groups

“Factions” or “Special Interest” Groups

"Factions" or "Special Interest" GroupsAmerica’s Founding Fathers denounced “factions” (what we refer to today as “special interests”) because these groups consist of “a number of citizens,...
War

“War”: The Constitutional Meaning

"War": The Constitutional MeaningConstitutionally speaking, "War" is a specific set of legal relations between two or more independent nations. Therefore no "War" can be...
implied powers

“Aggregate Powers”

“Aggregate Powers”: Powers Cobbled Together and Exercised by Rogue Government Officials That are Not Enumerated in the Constitution Typically, when aspiring usurpers and tyrants cannot rationalize...
Judicial Supremacy

“Judicial Supremacy” Through “Judicial Review”

"Judicial Supremacy": Nowhere to be found in the Constitution or Pre-constitutional HistoryPre-constitutional history provides no support for the sweeping contemporary claim that “the federal...
Terrorism

“The War on Terror”

"The War on Terror" Rogue officials stir up the "fear" of "terrorism". With "terrorism" as their excuse they arrogate new "war powers" to themselves....