How To End The Fed Now! by use of lawful money

[The Goat]

An easier way to do this is just keep you FRNs on hand. IMO their is no benifit to this. Just causing problems for your bank. I doubt they are really going to treat your account different anyway. They will just keep enough to cash out your account all the time if anything. Which easily fits into their held reserves anyway. unless you have a huge account balance, or their are enough people at one bank to make a big balance together.

One thing I will tell you, if you have a big balance at your bank you need to switch it over to something else anyway. buy some metals, or something else you have faith in. holding onto a balance of dollars is risky. Dollars aren't to be saved their to be spent on something worth saving.

 

[goldpants]

Wow, there's a lot of discussion of how to use some magical incantation to get the banks to give you something they cannot and will not (US Notes) when there is a much simpler solution: just receive all your money in coins. Dollar coins (Sacajawhoza, Susan B, etc), quarters, etc are produced by the mint and not the Federal Reserve. Take your money out of the banking system and they can't lend it.

How many people would have to request $1 coins in the amount of say $1000 for the banking system to throw its hands up and cry or say they can't accommodate that or so on? 500 or 5000 or whatever I am sure the number is low and it would sure get the attention of the fed, the crooks in Washington, some media perhaps and thereby get the attention of the unknowing citizens. Civil disobedience at its best. I would like to get me a thousand Susan B. Anthony's please.

 

[jointhefightforfreedom]

Great Debate tonight Dr Paul kicked some butt !

Now can we all joint together and cripple the fed now.

 

[gb13]

anyone know anything about this .

After a very long inet search i have found MANY MANY people doing this. Depositing their paychecks using the endorsement
"Redeemed in Lawful money Pursuant to Title 12 USC §411 True Name dba LEGAL NAME,"

Even found a blog where someone talked about the bank president came out and asked if they were sure they wanted to endorse this way.
they got a confirmation that the bank had to note this in their accounting and that they wouldn't be able to lend against this type of deposit.

Yes, I have heard of this before. A friend of mine tried it, no one at the bank really batted an eye according to him, though. Not sure what to make of it.

 

[Durendal]

What would the implications of this actually be if enough people endorsed their checks this way that we did hit the 300 million US Note mark?

Since FRNs are able to function as US notes would the congress not simply will another 1 billion US notes into being?