by Jon Davis January 14, 2004
Money that is borrowed, or money that has a negative value, as with an invoice or bill but with a facade of having inherent tangible value.
by Jon Davis January 14, 2004
Money that is valueless, or that is backed by nothing, or by such a small amount of any tangible compared to its perceived value that its tangible value is not worth noting
by Jon Davis January 14, 2004
The banks that have loaned such a large amount of money to the nations of the world that they are deemed to own them. Most of these loans come from the United States of America, or, better stated, the Federal Reserve. See also: Federal Reserve Banks.
by Jon Davis January 14, 2004
The currency issued by the Federal Reserve that is marked by being both fiat money and debt money. All American money issued by the federal government is Federal Reserve currency.
Federal Reserve currency is identified with "$USD".
by Jon Davis January 14, 2004
by Jon Davis January 14, 2004
I studied the Internal Revenue Code for years and I never found any law that makes a local American citizen liable for the income tax!
by Jon Davis January 14, 2004