top of page
Writer's pictureBen S

The Dollar, Money or Debt Instrument?

Updated: May 20, 2022

If you look at the top of the dollar, you will see "Federal Reserve Note". A note is a debt instrument, a legal document that binds a party to repay debt within an agreed period, with specified terms. So why is our "money" labeled a note?


The Federal Reserve Bank is a private corporation and they issue these notes to the U.S. Treasury, the treasury endorses it and it is backed by the Corporation of the United States' ability to tax the shit out of its citizens.


Our money is a debt instrument. If that spurred some interest, go dig, there's a lot to this.



11 views0 comments

Recent Posts

See All

Corrupt Money

"For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and...

Comments


bottom of page