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Thread: Banks and money

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  1. #6
    I have always maintained an interest in commercial redemption since I first learned of it in the mid 2000's. There are those of us who have had success with methods and those who have had catastrophies. Having the proper knowledge and not attempting to abuse it is key.

    No, US Treasury securities are not lawful money. Securities are an evidence of debt AKA a promise to pay. There is no lawful money in circulation hence the remedy of redeeming lawful money.

    Yes a security could be used to discharge a debt agreement just as a dollar note does as it is a security too. It is about directing your discharge or forming an agreement. A particular direction or more formal agreement may be necessary if the other party is ignorant or uncooperative.
    Last edited by EZrhythm; 06-20-21 at 01:07 AM.

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