Posted by Robert F. Moore on May 10, 1997 at 09:10:43:
In Reply to: Alternative banking system posted by Brad Barnhill on February 08, 1997 at 22:08:35:
: I expect to soon have enough federal reserve units to discharge all
: my debts with limited liablity. I have applied for a refund for all
: of the withholding for FICA and SDI since I have started working.
: I am going to send in amended returns for the last three years, and
: send in my first (and hope last) 1040NR to get a refund on my
: withholding from 1996. This will total almost F$ 100,000.
: Once I have discharged my mortage and other credit encumberances,
: I want to start paying my debts instead of discharging them W.L.L.
: Is anyone aware of any banks which operate under the gold standard?
: I am sure that somewhere, someone agrees to accept F$, converts them
: to gold to be held in reserve, and allows for drafts which are either
: redeemable in gold, or to be reconverted to F$.
: If enough people start using such a banking system, then we could
: perhaps gain a critical mass in order to have a "true money" reserve
: with which to combat the current illegal system.