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

Tyranny: John Locke

“Usurpation” and “Tyranny”

"Usurpation"“Usurpation” – the exercise of some otherwise legitimate governmental power as to which the particular actor actor enjoys no legal claim.Source: John Locke, Two Treatises of Government,...
democrat vs republican

“Left” vs. “Right” Phony Political Spectrum

"Left" vs. "Right"If WE THE PEOPLE revitalize "the Militia of the several States", we will cut across all the dividing lines in the phony...
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...
Gun Contrlol

“Gun Control”

"Gun Control"In the pre-constitutional period, had the term been current, “gun control” would have meant, not keeping firearms and ammunition away from as many...
unconstitutional powers

“Emergency Powers”

"Emergency Powers"The real "emergency" that confronts Americans is the lust of aspiring and conspiring usurpers and tyrants for power WE THE PEOPLE have withheld...