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The US dollar is produced by the Federal Reserve which is
Posted on: December 19, 2017 at 08:01:38 CT
ummmm MU
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a quasi-private banking cartel. Its continued use (for the time being) is dependent on the US legal tender laws which force companies/people, by law, to accept the paper notes as tender for a debt. Legal tender laws are enforced at the butt of a gun, just like every other govt law.
The money that one generates from his goods/services, whether he's paid in US dollars, foreign currency, gold, silver, cryptocurrency, or some other method of compensation, belongs only to that individual. It does not belong to the government. The government is simply an involuntary third party, which uses guns to force people to accept its rapidly depreciating money as legal tender, and of course, to take its cut.
Edited by ummmm at 08:02:35 on 12/19/17
The money that one generates from his goods/services, whether he's paid in US dollars, foreign currency, gold, silver, cryptocurrency, or some other method of compensation, belongs only to that individual. It does not belong to the government. The government is simply an involuntary third party, which uses guns to force people to accept its rapidly depreciating money as legal tender, and of course, to take its cut.
Edited by ummmm at 08:02:35 on 12/19/17
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The US dollar is produced by the Federal Reserve which is - ummmm MU - 12/19 08:01:38