Promissory Note Template
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Treasury & Fed: Unpacking the Promissory Note's Secrets See the full show that this clip comes from at: https://www.youtube.com/watch?v=AqSONXvMhOg Sign up for the entire free Contract Killer Course at: https://onestupidfuck.com/contractkillercourse What *are* dollars, really? The rabbit hole goes deep when exploring the roles of the Treasury, the Federal Reserve, and the promises hidden within a $20 bill. Is it currency, contract, or just 'fizzling in the matrix'? #MoneyTalks #EconomicsExplaine
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FacebookBrandon Joe Williams - Law Made Fun and Easy
Here’s the truth they don’t teach in school: Every Federal Reserve Note in your pocket is actually a promissory note — a promise to pay, not real money. Under 12 U.S.C. § 411, Federal Reserve Notes are “obligations of the United States,” meaning they represent debt, not substance. They are instruments of credit, issued against your labor, your energy, and your signature. Think about it — “note” means promise to pay under the Uniform Commercial Code (UCC § 3-104). That means every time you use a
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