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RE: SOUND MONEY HAS A FOUNDATION TO BUILD UPON...

in #sound-money5 years ago

You said: "At the end of the Redemption Period, all Federal Reserve Notes will become Void of any and all Legal Tender Status."

That is in line with what I've been thinking for the past few years. That Federal Reserve Notes will become null and void, after the Federal Reserve is nullified due to it being unconstitutional since it began in 1913.

And, you said: "We will have plenty of time to turn in our Federal Reserve Notes before they are no longer a Legal Tender."

I believe most people will have the time and opportunity to "redeem" their Federal Reserve Notes - but I think as an added benefit to the world... A lot of dirty money will never be exchanged and will become worthless. I'm talking about people like drug kingpins, who may have hundreds of millions in $100 Fed Reserve Notes stored away in boxes. Because I'm sure they just can't walk into a bank with a footlocker stuffed with $100 bills and ask for an exchange, without having to fill out a form, or something a bit more scrutinizing. As Ricky Ricardo might say, they're gonna have some splainin' to do.

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We've been Paying interest to the Central Bank Owners for Fiat Money that has been destroyed in Fires and Floods... We the People are Paying off the National Debt in Full, including the interest, everyone thought couldn't be paid... Anyway, the Exchange Rate From Fiat to Sound Money will be 100 for 1... The Reason for the Exchange Rate is because the Fiat Dollar has lost 99% of its "Spending Power"... That only leaves One Percent...
July 3, 2020... 4.3 Hollywood Time...

Where do you derive "100 for 1" from? From a "calculation" that fiat Dollars have lost 99% of their value since 1913?

And, in such a transition, or reset - If someone has $1,000 in a bank account, would those Dollars be automatically converted or exchanged in their account with $10 of the new Sound Money?

And, would you say that "Sound Money" is the same thing as saying "Gold-Backed or Precious-Metals Backed Dollars?"

Since the Fiat Dollar has lost 99% of it's Spending Power, there's only One Percent Spending Power remaining... That One Percent represents how much Sound Money is still available in each Fiat Dollar...

I'm sure the Banks will give you an opportunity to Switch from Fiat To Sound Money... There will be plenty of time to give your Bank Permission... Yes, 1,000 Fiat Dollars will become $10.00 in Sound Money...

By the way... If a person is currently earning 25 Fiat Dollars per hour, that will also reset to 25 (Sound Money) Cents per hour... Everything will reset to Sound Money, including your Bills and Debt... There will be no Forgiveness of Debt... There will still be the Normal Ways to Escape Debt...

There will be Two Forms of Sound Money... Physical Sound Money and Electronic Sound Money... For every Circulating Form of Sound Money, there will be an equal Face Value amount of U.S. Bullion Coinage, to create the Perfect Balance... This my Friend will Make the People Great Again...
July 3, 2020... 6.4 Hollywood Time...

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