By Anna Von Reitz
A note by any other name would smell as bad.
What is a note? It's the flip-side of a bond.
You promise to pay a note in the future. Someone or something else promises to pay you a bond in the future.
Both a note and a bond are debt instruments. Neither one of them can pay anything. They can only create and transfer debt, debt, debt, and more debt.
So it doesn't matter if it is a "Federal Reserve Note" or a "US Note". Both are nothing more or less than I.O.U's.
But, wait a minute---- do you owe them, such that you need to pass around I.O.U's in lieu of money?
