The Nature of Money

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serial number and/or bar code to a registry of property owned by the FR System trust. But doing so might at least slow the seizure. (Interesting possibility, no?)

Certificates of title

Similarly, most automobile title applications ask you list the price of the car for tax purposes . A lot of people cheat on the price to reduce the tax. But the magnitude of price may be less important than its denomination in lawful money ( ) or FRNs ($). It s possible that by denominating the value of your car in FRNs, you implicitly concede the Federal Reserve System and/or gov-co owns legal title to your vehicle. This raises the possibility that denominating the price of a car in lawful money ( ) instead of legal tender/FRNs ($) might help secure legal title to the vehicle. In any case, once it s clear that a car (and/or car title) was purchased with FRNs rather than bought with lawful money, we know that the purchaser only had equitable title in those FRNs to give and therefore, could only receive equitable title to whatever property he purchased. We can debate who has legal title to your car, but if price on the bill of sale and title documentation is denominated in FRNs (legal tender; $), then the one certainty appears to be that you don t have legal title. I believe that the STATE gets legal title, actual ownership and absolute control of your car. On the other hand, your Certificate of Title to your car is merely equitable and analogous to that of the teenage boy using his daddy s car for a date. If daddy says you must wear your seat belt, you must wear it or lose the equitable right to use daddy s car. Likewise, if the STATE-daddy says you can t drive over 65 m.p.h. or must keep your taillights in repair, then you must do so or risk being punished for not properly operating or maintaining the STATE-daddy s car. If so, virtually all traffic regulations may be based on the fact that you don t actually own legal title to your car the STATE does since you used FRNs to merely purchase the car s equitable title. If use of FRNs affects legal title for automobiles, the same principle should apply for houses, buildings, bicycles, computers and all other forms of tangible property. In fact, legal title to everything you purchase with FRNs would instantly accrue to the Federal Reserve System (and perhaps later, to the corporate STATE if the Fed donated that legal title). If so, you and I have been reduced to the status of children, serfs or slaves by use of FRNs. This contention seems incredible, but I can point to a couple of supporting anecdotes:

Grand theft or unauthorized use?

First, historically, if I stole your car and was caught, I d probably be charged with grand theft auto . However, today, I d probably be charged with unauthorized use of a motor vehicle . I believe the reason government changed these charges from theft to unauthorized use is that you can t steal something from someone who

THE NATURE OF MONEY

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