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The1DollarBillIsTheOnlyBankNoteInCirculation

ConsiderSavingYour1DollarBillsInsteadOfBuyingSilverCoins
Iwaslisteningtotalkshoe(radio)theothernightwithDavidClarence
andJeanKeating.DavidisaBiblicalandTrustLawscholar(really
sharp)andverywellversedinboth.Atsomepointintherecordinghe's
talkingtosomeonethatcalledinandsaid"Idon'tknowwhyeveryone's
runningoutandbuyingupallthissilver,alltheyneedtodoisstart
convertingtheirlargerbillstoone's."
Hestartstalkingaboutthisatabout2:35:00inthe11/22/10talkshoe
(radio)onthispage:http://www.talkshoe.com/talkshoe/web/talkCast.jsp?
masterId=3...
Hegoesontoexplainthat.....Inthescripturesitsays:Hewhohas
themostwillobtaintheleast,andhewhohastheleastwillobtainthe
most.Sowhentheybringinthenewmoney,themanstandingatthe
FederalReservewindowtotradeinhisworthlesscurrencythatsholding
5,10,20,50,100dollarbills,willwalkawayfromthatwindowwith
theleast.Themanwhohasahandfulof1dollarbillswillleavethat
windowwiththemost,andthose1dollarbillswillbeworthmuchmore
thana5,10,20,50,or100dollarbill.
Whyisthis?Becausethedollar,whetheritbeasilverdollarora1
dollarbillistheonlylawfulcurrencyoftheUnitedStates.The
Constitutiontellscongresstheyhavetheauthoritytoregulatethe
weightandmeasures;thevalue.Theyhaventchangedthe1dollarbill
inforever,buttheykeepchangingtheotherdenominations,evernotice
that?
A100dollarbillisactually1/100thofadollar,anda10dollar
billisonly1/10thofadollar.Itsanillusion.The1dollaris
differentthan5dollar,10dollar,20dollar,50dollar,or100dollar.
Ifyoulookatthesealonthefrontleftofthe1dollar,youllnotice
itsaysaroundthesealFederalReserveBankof(insertcityandstate
here),itsbecauseitsaBANKNOTE.Nowlookatthe20dollarand
youllnoticeitonlysaysUNITEDSTATESFEDERALRESERVESYSTEM,
becauseitsnota"BANKNOTE"Twototallydifferentthings.The1
dollarbillisworthsomething,andtheotherUNITEDSTATESFEDERAL
RESERVESYSTEM,NONBANKNOTESarenot.
TheFederalReservedebtisbaseonhowmanyDOLLARSarein
circulation;theymusthavesomanyDOLLARSincirculationtoissue5,
10,20,50,and100dollar.ThereisNObillanywhereworthmoremoney
thana1dollarbill.Sodontworryaboutbuyingsilverandgoldifyou
cantaffordit,juststartconvertingyourlargerbillsto1dollar
bills.Everythingwehearaboutthecurrencyis"TheUSDollar."You
neverhearthe"TheUSTwentyDollar"or"TheUSOneHundredDollar,"
that'sbecauseeverythingisbasearoundthe1DOLLARbill.It'sthe
onlytruecurrency.
Justtoprovetoyouhowmuchpurchasingpower1USDollarhas(asina
1dollarbill),youcangotoanybankinanywhere,andiftheyhavea

silverdollarintheirdraweratthewindow,youcanexchangeyour1
dollarbillforthesilvereagledollar.Ivedonethisbeforeusingtwo
1dollarbills.Ibought$60.00worthofsilverfor21dollarbills.
Whatdoesthattellyou?Thattellsyouthatasilverdollarisexactly
oneounceof.999%puresilverandcurrentlytradingatabout$16.00to
$18.00per/oz.Thatmeansyour1dollarbillisworth$16.00to$18.00
orwhateverthepriceofsilverjumpsupto.
IboughttwoAmericanEagles(justexchangedthem)fortwo1dollar
bills.Nowdontgetexcitedandthinkyouregoingtocallallthe
banksaroundtomorrowandbuyabunchofoneouncesilvercoinsfor1
dollarbillsandgetrich,becausetherearealotofpeopleoutthere
whoknowwhatsgoingonandhavecloserelationshipswiththeirbank
andwhenthegetsilverdollarsinthebankscallthem.Juststart
askingwhenyougotothebanksiftheyhaveanysilverdollarsinthe
drawer,andiftheydo,watchwhathappenswhenyouasktotradeyour1
dollarbillforthesilverdollar;theyllhanditrightovertoyou,no
questionsasked.
NowtheFederalReservedoesn'tsendtherealsilverdollarsout
anymore,justthenewerfakeones,butifthere'sasilverdollarin
thatdrawerthatacustomerbroughtinandexchangeditfora1dollar
bill,thetellerwillexchangeitfora1dollarbillnoquestions
asked.
Remember,asilverdollarisa1dollarbill,andadollarbillisa
silverdollar,theyaretheexactsamething.Sodontgooutandspend
upallyourmoneybuyingsilverdollarsfromlocalcoinopsoronline
retailersfor$16.00to$18.00each.Instead,juststartcashinginyour
largerFederalReservenotesfor1dollarbills.
WhenitcomestimetogototheFederalReserveandtradeinyour
worthless5,10,20,50,and100dollar,theexchangerateisgoingto
beverylow;asin$10,000.00worthofthosebillsmayonlybeworth$3
to$4,000.00BUT..ifyouhave$2,000.001dollarsbillsandthe
priceofsilveris$100.00per/oz,youllbeabletocashyour1dollar
billsinfor$200,000.00worthofthenewmoney..ThatsTwoHundred
ThousandDollars.
AstheScripturessay:Hehasthemost(5s,10s,20s,50s,100s)
willobtaintheLEAST,andhewhohastheleast(1s)willobtainthe
MOSTNowIdon'tknowiftheywillhonorthisexchangeratewhenthe
newmoneycomesintoplay,butwiththisoveralltheoryIarrivedatthe
aboverealizationthatitmakesperfectsense.
TheUS1dollarbillisonepowerfulunitinandofitself.It'show
manyDOLLARSthatareincirculationthat'simportant,notthehigher
denominationbills.I'mgoingtosaveboth,1dollarbillsandsilver
dollarcoins.
Wouldn'tbehardtoputback$500.00in1dollarsbills.Ifthistheory
iscorrect,andsilverjumpsto$100.00per/oz,thenthe1dollarbill
willbeworth$100.00too.

BANKdefined:com.law.1.Aplaceforthedepositofmoney.2.An
institution,generallyincorporated,authorizedtoreceivedepositsof
money,tolendmoney,andtoissuepromissorynotes,usuallyknownby
thenameofbanknotes.3.Banksaresaidtobeofthreekinds,viz:of
deposit,ofdiscount,andofcirculation;theygenerallyperformall
theseoperations.VideMetc.&Perk.Dig.BanksandBanking.
BANKNOTE,contracts.Abanknoteresemblesacommonpromissorynote,
(q.v.)issuedbyabankorcorporationauthorizedtoactasabank.It
isinfactapromissorynote,butsuchnotesarenot,formanypurposes,
tobeconsideredasmeresecuritiesformoney;butaretreatedasmoney,
intheordinarycourseandtransactionsofbusiness,bythegeneral
consentofmankindand,onpaymentofthem,whenareceiptisrequired,
thereceiptsarealwaysgivenasformoney,notasforsecuritiesor
notes.1Burr.R.457;12John.R.200;1John.Ch.R.231;9John.R.
120;19John.144;1Sch.&Lef.318,319;11Ves.662;1Roper,Leg.
3;1Ham.R.189,524;15Pick.177;5G.&John.58;3Hawks,328;5
J.J.Marsh.643.2.Banknotesareassignablebydelivery.Rep.Temp.
Hard.539East,R.48;4East,R.510Dougl.236.Theholderofabank
noteisprimafacieentitledtopromptpaymentofit,andcannotbe
affectedbythefraudofanyformerholderinobtainingit,unless
evidencebegiventobringithometohisprivity.1Burr.452;4Rawle,
18513East,R.135Dane'sAb.Index,h.t.;Pow.onMortg.lndex,h.t.
U.S.Dig.h.t.VideBouv.Inst.Index,h.t.Note;Promissorynote;
@Reissuablenote.3.Theycannotbetakeninexecution.Cunning.on
Bills,537;Hardw.Cases,53;1Arch.Pr.2681Wils.Rep.9Cro.Eliz.
746,pl.25ALawDictionaryAdaptedToTheConstitutionAndLawsOfTheUnitedStates
OfAmericaAndOfTheSeveralStatesOfTheAmericanUnionby:JohnBouvierRevisedSixth
Edition,1856

DOLLARdefined:money.AsilvercoinoftheUnitedStatesofthevalue
ofonehundredcents,ortenthpartofaneagle.2.Itweighsfour
hundredandtwelveandahalfgrains.Ofonethousandparts,nine
hundredareofpuresilverandonehundredofalloy.ActofJanuary18,
1837,ss.8&9,4Sharsw.Cont.ofStory'sL.U.S.2523,4;Wright,R.
162.3.Inallcomputationsatthecustomhouse,thespeciedollarof
SwedenandNorwayshallbeestimatedatonehundredandsixcents.The
speciedollarofDenmark,atonehundredandfivecents.ActofMay22,
1846.ALawDictionaryAdaptedToTheConstitutionAndLawsOfTheUnitedStatesOf
AmericaAndOfTheSeveralStatesOfTheAmericanUnionby:JohnBouvierRevisedSixth
Edition,1856

DOLLARdefined:TheunitemployedintheUnitedStatesincalculating
moneyvalues.Itisofthevalueofonehundredcents.Peoplev.Alba,
46Cal.App.2d859,117P.2d63.Moneyorcurrencyissuedbylawful
authorityandintendedtopassandcirculateassuch.Neufieldv.United
States,118F.2d375,387,73App.D.C.174.BlacksLawDictionary
RevisedFourthEdition(page570)
MONEYdefined:Gold,silver,andsomeotherlesspreciousmetals,inthe
progressofcivilizationandcommerce,havebecomethecommonstandards
ofvalue;inordertoavoidthedelayandinconvenienceofregulating
theirweightandqualitywheneverpassed,thegovernmentsofthe
civilizedworldhavecausedthemtobemanufacturedincertainportions,

andmarkedwithaStampwhichatteststheirvalue;thisiscalledmoney.
1Inst.207;1Hale'sHist.188;1Pardess.n.22;Dom.Loisciv.liv.
prel.t.3,s.2,n.6.2.Formanypurposes,banknotes;(q.v.)1Y.&
J,380;3Mass.405;14Mass.122;2N.H.Rep.333;17Mass.560;7
Cowen,662;4Pick.74;Bravt.24;acheck;4Bing.179;S.C.13E.C.
L.R.295;andnegotiablenotes;3Mass.405;willbesoconsidered.To
supportacountformoneyhadandreceived,thereceiptbythedefendant
ofbanknotes,promissorynotes:3Mass.405;3Shepl.285;9Pick.93;
John.132;creditinaccount,inthebooksofathirdperson;3Campb.
199;oranychattel,issufficient;4Pick.71;17Mass.560;andwill
betreatedasmoney.See7Wend.311;8Wend.641;7S.&R.246;8T.
R.687;3B.&P.559;1Y.&J.380.3.Theconstitutionofthe
UnitedStateshasvestedincongressthepower"tocoinmoney,and
regulatethevaluethereof."Art.1,s.8.4.Byvirtueofthis
constitutionalauthority,thefollowingprovisionshavebeenenactedby
congress.1.ActofApril2,1792,1Story'sL.U.S.229.1.Sec.9.
Thatthereshallbefromtimetotime,struckandcoinedatthesaid
mint,coinsofgold,silver,andcopper,ofthefollowingdenominations,
values,anddescriptions,viz:Eagles;eachtobeofthevalueoften
dollars,orunits,andtocontaintwohundredandfortysevengrainsand
foureighthsofagrainofpure,ortwohundredandseventygrainsof
standard,gold.Halfeagles;eachtobeofthevalueoffivedollars,
andtocontainonehundredandtwentythreegrainsandsixeighthsofa
pure,oronehundredandthirtyfivegrainsofstandardgold.Quarter
eagles;eachtobeofthevalueoftwodollarsandahalfdollar,andto
containsixtyonegrainsandseveneighthsofagrainofpure,orsixty
sevengrainsandfoureighthsofagrainofstandardgold.Dollars,or
units;eachtobeofthevalueofaSpanishmilleddollar,asthesame
isnowcurrent,andtocontainthreehundredandseventyonegrainsand
foursixteenthpartsofagrainofpure,orfourhundredandsixteen
grainsofstandardsilver.Halfdollars;eachtobeofhalfthevalueof
thedollarorunit,andtocontainonehundredandeightyfivegrains
andtensixteenthpartsofagrainofpure,ortwohundredandeight
grainsofstandard,silver.Quarterdollars;eachtobeofonefourth
thevalueofthedollar,orunit,andtocontainninetytwograinsand
thirteensixteenthpartsofagrainofpure,oronehundredandfour
grainsofstandard,silver.Dimes;eachtobeofthevalueofonetenth
ofadollar,orunit,andtocontainthirtysevengrainsandtwo
sixteenthpartsofagrainofpure,orfortyonegrainsandthreefifth
partsofagrainofstandard,silver.Halfdimes;eachtobeofthe
valueofonetwentiethofdollar,andtocontaineighteengrainsand
ninesixteenthpartsofagrainofpure,ortwentygrainsandfourfifth
partsofagrainofstandard,silver.Cents;eachtobeofthevalueof
theonehundredthpartofadollar,andtocontainelevenpennyweights
ofcopper.Halfcents;eachtobeofthevalueofhalfacent,andto
containfivepennyweightsand,ahalfapennyweightofcopper.ALaw
DictionaryAdaptedToTheConstitutionAndLawsOfTheUnitedStatesOfAmericaAndOfThe
SeveralStatesOfTheAmericanUnionby:JohnBouvierRevisedSixthEdition,1856

MONEYdefined:Inusualandordinaryacceptationitmeansgold,silver,
orpapermoneyusedascirculatingmediumofexchange,Anddoesnot
embracenotes,bonds,evidencesofdebt,orotherpersonalorreal
estate.Lanev.Railey,280Ky.319,133S.W.2d74,79,81.Currency;
thecirculatingmedium;cash.Theterm"moneys"isnotofmoreextensive

significationthan"money,"andmeansonlycash,andnotthingsin
action.Mannv.Mann,14Johns.,N.Y.,1,7Am.Dec.416.
Initsstricttechnicalsense,"money"meanscoinedmetal,usuallygold
orsilver,uponwhichthegovernmentstamphasbeenimpressedto
indicateitsvalue.Initsmorepopularsense,"money"meansany
currency,tokens,banknotes,orothercirculatingmediumingeneraluse
astherepresentativeofvalue.Kennedyv.Briere,45Tex.305;Cookv.
State,130,Nrk.90,196S.W.922,924;Vickv.Howard,136Va.101,
116S.E.465,467,31A.L.R.240.Thesimplemeaningof"money"is
currentcoin,butitmaymeanpossessionsexpressibleinmoneyvalues.
"Money"hasnotechnicalmeaning,butisofambiguousimport,andmaybe
interpretedhavingregardtoallsurroundingcircumstancesunderwhich
itisused."Money"isoftenandpopularlyusedasequivalentto
"property.""Money"meanswealthreckonedintermsofmoney;capital
consideredasacashasset;specificallysuchwealthorcapitaldealtin
asacommoditytobeloaned,invested,orthelike;wealthconsideredas
acashasset.SaltLakeCountyv.UtahCopperCo.,C.C.A.Utah,93F.2d
127,132.BlacksLawDictionaryRevisedFourthEdition(page1157)
DOLOMALOPACTUMSENONSERVATURUMdefined:Dig.2,14,7,9.An
agreementinducedbyfraudcannotstand.BlacksLawDictionaryRevised
FourthEdition(page570)
DOLUSdefined:Inthecivillaw.Guile;deceitfulness;maliciousfraud.
Afraudulentaddressortrickusedtodeceivesomeone;afraud.Dig.4,
3,1.Anysubtlecontrivancebywordsoractswithadesignto
circumvent.2Kent,Comm.560;Code,2,21.Suchactsoromissionsas
operateasadeceptionupontheotherparty,orviolatethejust
confidencereposedbyhim,whethertherebeadeceitfulintent(malus
animus)ornot.Poth.TraitdeDepot,nn.23,27;Story,Bailm.
20a;2Kent,Comm.506,note.Fraud,willfulness,orintentionality.In
thatuseitisopposedtoculpa,whichisnegligencemerely,ingreater
orlessdegree.Thepolicyofthelawmaysometimestreatextremeculpa
asifitweredolus,uponthemaximculpadolocomparatur.Apersonis
alwaysliablefordolusproducingdamage,butnotalwaysforculpa
producingdamage,eventhoughextreme.Brown.BlacksLawDictionary
RevisedFourthEdition(page570)
DOLUSETFRAUSNEMINIPATROCINENTURdefined:(PATROCINARIDEBENT.)
Deceitandfraudshallexcuseorbenefitnoman.Yearb.14Hen.VIII.8;
Best,Ev.p.469,428;1Story,Eq.Jur.395.BlacksLawDictionary
RevisedFourthEdition(page570)

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