Lawful Money Redemption in Canada
The Bank of Canada and the Federal Reserve (USA) are linked by multiple printing contracts. It has been observed that the causal link also produces a lawful money redemption that the Bank of Canada processes through the Federal Reserve's New York branch. Further, the Bank of Canada must offer lawful money redemption since it practices fractional reserve banking, which began shortly after the War of Rebellion (e.g. Canada's Civil War). The checks, deposit slips and direct deposit receipts will still have the "Redeemed in Lawful Money" language but will have the US Code removed from it.
Can Cash Be Redeemed in Lawful Money
No, and please do not stamp money, as this can potentially be considered "defacing currency" and will lead to extreme sentences and fines. This is why the need for a repository of proof regarding the redemption of lawful money is required. When ...
Income Taxes and Lawful Money
Under its power to borrow money, Congress is authorized by the Constitution to contract debt, and whenever something is borrowed it must be returned. When Congress spends the contracted private credit, each use of credit is debt which must be ...
Going To Court Regarding Lawful Money
The only question for any judge in any case to answer is this: "If Federal Reserve notes do not and cannot act as redeemed, gold backed US Bank notes or US Treasury notes, then how does one deal in Constitutionally defined lawful money?" Clearly, the ...
Do We Have To Redeem In Lawful Money Even When Sending Money To Other Trusts in Our Trust Web
.Yes, redeem lawful money at every opportunity.
Can One Redeem In Lawful Money If Not A US Citizen
Yes, everyone can redeem in lawful money to avoid the taxable event known as income taxes within the USA. Lawful money does work outside the United States (especially Canada) as confirmed by other students, but is referred to by different terms which ...