Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 82188, member: 3011&quot;]There is no money, only Federal Reserve notes.&nbsp; The quantity is unlimited, there are legal tender laws saying you must accept them,&nbsp; and therefore there can&#039;t really be a run on the bank regardless of reserves.</p><p><br /></p><p>I belive either the Federal Reserve Act or the US Code states that Federal Reserve Notes must be redeemable in &quot;lawful money.&quot;&nbsp; Try going into a bank, give them a Federal Reserve Note, and tell them you want to exchange it for &quot;lawful money&quot; as required by law.&nbsp; See what happens.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in