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<p>[QUOTE="SapperNurse, post: 203745, member: 4769"]Well, amazingly the seller DID respond to my question that I had mentioned earlier. The response:</p><p><br /></p><p>The current rules of the auction state that the MR$ must be paid for in U.S. dollars, since we need USD to purchase the inflation-adjusted assets backing our currency. While we will not accept Liberty Dollars, we may consider your request with used Millennium Dollars (i.e., our currency) for subsequent purchases; but the first purchase must be in USD. </p><p><br /></p><p>Certainly, it is obvious that you will generate a spread by buying new MR$ at the auction discount, and then paying for them with used MR$ at or near the indexed value. If we elect to do this; then we trust that you also understand, that there is a limited number of times that we can permit you to do this with each initial USD investment, since we cannot adversely affect the inflation-indexed assets set-aside to back the MR$. To propose otherwise, would be impossible. </p><p><br /></p><p>In addition, you must agree to spend your net MR$ with third parties, or retain them for future use; or this would not work for us as a promotional event. We will assume that you have read and fully understand the current terms and conditions under which we off the MR$, which will remain in full force and effect; unless otherwise changed in our agreement with you. Finally, any terms we commit to in an agreement will apply only to you and not to any third parties; unless we specifically enter into an agreement with them. </p><p><br /></p><p>In essence, this amounts to our sharing our profits with you for your promoting our currency by ultimately spending it with third parties, which we are willing to consider. Due to this added expense, the USD would be invested in first mortgage(s) on real estate. Finally, if we determine that such an agreement would violate any eBay rules, or any laws; then we could not enter into such an arrangement; but we foresee no such problems at this time. </p><p><br /></p><p>Tom Tripp, CEO</p><p><br /></p><p><br /></p><p><br /></p><p>As always, for your entertainment and information[/QUOTE]</p><p><br /></p>
[QUOTE="SapperNurse, post: 203745, member: 4769"]Well, amazingly the seller DID respond to my question that I had mentioned earlier. The response: The current rules of the auction state that the MR$ must be paid for in U.S. dollars, since we need USD to purchase the inflation-adjusted assets backing our currency. While we will not accept Liberty Dollars, we may consider your request with used Millennium Dollars (i.e., our currency) for subsequent purchases; but the first purchase must be in USD. Certainly, it is obvious that you will generate a spread by buying new MR$ at the auction discount, and then paying for them with used MR$ at or near the indexed value. If we elect to do this; then we trust that you also understand, that there is a limited number of times that we can permit you to do this with each initial USD investment, since we cannot adversely affect the inflation-indexed assets set-aside to back the MR$. To propose otherwise, would be impossible. In addition, you must agree to spend your net MR$ with third parties, or retain them for future use; or this would not work for us as a promotional event. We will assume that you have read and fully understand the current terms and conditions under which we off the MR$, which will remain in full force and effect; unless otherwise changed in our agreement with you. Finally, any terms we commit to in an agreement will apply only to you and not to any third parties; unless we specifically enter into an agreement with them. In essence, this amounts to our sharing our profits with you for your promoting our currency by ultimately spending it with third parties, which we are willing to consider. Due to this added expense, the USD would be invested in first mortgage(s) on real estate. Finally, if we determine that such an agreement would violate any eBay rules, or any laws; then we could not enter into such an arrangement; but we foresee no such problems at this time. Tom Tripp, CEO As always, for your entertainment and information[/QUOTE]
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