In light of the holding of [Fidelity Bank Guarantee vs. Henwood, 307 U.S. 247 (1939)], a Federal US court of appeals ruled on Title 31 USC 5118. As of October 27, 1977, legal tender for the discharge of debt is no longer required.
That is because legal tender is not in circulation at par with promises to pay credit.
The requirement of repayment of debt is against Public Policy since the legal tender was not loaned [nor in circulation] no one can demand payment in any [particular] form of coin or currency or legal tender and repayment [or payment] need only be made in equivalent kind such as a negotiable security instrument. How is credit or money created? VIA YOUR SIGNATURE as a BORROWER. Think about it..
Related Articles:
WHAT IS WRONG WITH VIOLENCE AS YOUR SHIP IS SINKING
Do You Have A Right to Vote? Are You Sure?
All Banks Across the Planet in Every Country Are All Bound to the United Kingdom Part 1
Is What The Police Quote You Actually The Law?
COMMON LAW V. STATUTORY JURISDICTION WHICH ARE YOU IN? Final Part 10
7 ELEMENTS OF CRIMINAL JURISDICTION Final Part 8
7 ELEMENTS OF CRIMINAL JURISDICTION Part 4
GETTING PRIVILEGES WITHOUT OBLIGATIONS Part 5.
