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What is a dollar? 

A dollar “bill” is a bill.
An obligation to pay up with real money.
We’ve been blinded by an illusion and led to believe that I.O.U’s are real money.
A Federal Reserve Note is an obligation to pay in real money (12 U.S.C.S Sec. 411).
By the laws of the U.S – a dollar is 371.25 grains of silver.
That’s about 3/4 ounce of silver. At one time, Congress mandated the price of silver at a dollar an ounce, then only put 3/4 an ounce of silver into a silver dollar. What happened to the other 1/4 ounce? The U.S mint made a 25%+ profit by buying an ounce of silver and coining it into a dollar. A silver dollar – not having a full one ounce of silver – now that’s counterfeiting.

Silver is not an instrument of debt – a bill.
When you take dollars (I.O.U debt instrument) to another country you exchange for loss or gain depending on which currency is stronger.
You can take silver to another country and exchange that silver without any paper loss.
Why?
Silver trades nearly 24/7 – 7 days a week worldwide.
If silver is up the dollar is down.
If silver is down the dollar is up.
(In purchasing power vs other currencies)

What is the definition of money?
Money is:
– Medium of exchange
– Unit of Account
– Portable
– Durable
– Divisible
– Fungible
– Store of Value (Only gold & silver have maintained their purchasing power for the last 5,000 years of human history)

Who creates our currency today?
The Federal Reserve creates our currency today.
“When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn.

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