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To: Toddsterpatriot

Look at the top of your dollar bill, front side. It says Federal Reserve Note.
So do you know what the legal definition of a “note” is?
It’s a loan, if you didn’t know. Why don’t you spend some time educating yourself by watching:
https://www.youtube.com/watch?v=iFDe5kUUyT0


125 posted on 02/22/2016 10:11:53 PM PST by bkopto
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To: bkopto
So do you know what the legal definition of a "note" is?

Well, if I own a US Treasury Note, it would be a security that matures between 1 and 10 years. In todays market, it would yield between 0.536% and 1.766%.

How is the Fed going to pay me my interest on the FRNs I own?

130 posted on 02/23/2016 5:53:37 AM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: bkopto
So do you know what the legal definition of a "note" is? It's a loan, if you didn't know.

How does the Fed pay me the interest on the note I'm holding?

135 posted on 02/23/2016 2:55:39 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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