Feb 20, 2013 5:04 PM

I dunno if you've seen a EURO note, it only has one signature, it does not say anywhere that it is LEGAL TENDER and it doesn't state that it must be returned to the bearer upon request...

Monopoly money more or less...

The EURO is an internal process coupon. The tender was accepted if you are part of the EU.

We have something similar here. It's called "Canadian Tire Money".

If you are in Canadian tire, that shit works just like cash.

...and they give you MORE when the transaction is complete!

I take that back, Canadian Tire money is BETTER than the EURO. :P

So by identifying as a RESIDENT of a STATE within the EU and using the currency within the UNION, we accept the ACT/STATUTE that relates to the country joining the UNION?

Pretty much, yes.

As opposed to our original CENTRAL BANK ACT from early 1900's?

Actually I doubt it could be MORE opposed. It's the EXACT OPPOSITE :D

With central banks you KNOW who the trustee is...No clue who the trustee for the EURO is.

Even Canadian Tire money is pretty obvious from a trustee standpoint. :D

Now I'm tryin to figure out a central bank's trustee :p

Well it's supposed to be the Grantor/Law mechanism. Looks great on paper, but forgets people are assholes.

So the creator of the CENTRAL BANK ACT would be the SURETY/TRUSTEE... But with regards to the EU being so expansive the liability is a bit "shifty"

Those roles ONLY EXIST AFTER the GRANTOR has ratified the LAW behind it (perfected). You won't find the trustees you are looking for, because they don't exist.

LAWS are ratified by the HEAD OF STATE in Ireland, or THE PRESIDENT as people refer to him/her... So he/she would be grantor, the bank then is established and prints the national currency etc...

That is SUPPOSED to be the "Will of the people". They just don't say WHICH people. ;)

Well the currency was obviously abandoned in 2002 and since then we're trying to pass go :p

YUP!

You may now consider yourself "up to speed". :D

I'm not even close! :) Getting there though... Slow and steady wins the race...

I'll have a quick read of the ACT relating to IRELAND'S entry to the EU. See what shite it contains...

The gold standard began (unofficially) with the introduction of the Guinea in the 17th century..... The guinea under valued gold vs silver... when compared to the pound, which lead to english merchants buying things with silver,.. and selling things for gold... The result was that England was more or less on a gold standard pretty early. Shortages in gold and silver caused by them being the basis of currency, meant that at many times, tokens were used instead of silver coins..... and the issuing of bank notes. The gold standard was good, because it meant you could directly compare the value of currencies. It was bad, because it meant countries needed to keep a strategic reserve of gold to make sure they could "honour" their currency. During the depression, there simply wasn't enough gold to honour the gold standard, and a flat exchange of 1pound to 4 - 5 USD was set up.... In 1949 it was devalued, and all through the 60s, there was pressure that the pound was... "too high" vs the USD. In 1971 the pound floated against the USD which ended a lot of weird inter-currency issues......;) Officially the pound (and any first world currency) no longer has a fixed promissary value for a resource.

You can get a 10 TRILLION DOLLAR bill in Zimbabwe.

http://www.irishstatutebook.ie/2001/en/act/pub/0016/print.html

Here's Ireland's currency changeover act...

i bought this book last summer, published 1921, explains the purpose for Bills of Exchange were so you didnt have to sail your GOLD across the sea and risk having your BOAT(Scott loves that word) sink, and more convenient than lugging around your GOLD-bars(i suspect safer, too).. http://books.google.ca/books/about/Promissory_Notes_Bills_of_Exchange_Chequ.html?id=dijVMwEACAAJ&redir_esc=y

http://www.heraldscotland.com/politics/referendum-news/scotland-may-have-to-create-own-currency.20283478

Maximus Legis: We have notes issued by several Banks already. Bank of Scotland, Royal Bank of Scotland and Clydesdale Bank. The real question is would an independent Scotland control it's own money supply and the answer is, WOULD IT FUCK !! As the Chinese say "Meet The New Boss, Same as The Old Boss"

Scott Duncan: You kids need to learn to make your own...except you'll VERY quickly discover...you have no value.

Scott Duncan: Money don't lie

:D

:P