Bank staff dont even get it

by **LionsShare** Tue May 18, 2021 10:49 am

Exactly, a promise to pay is just that, a promise. The UK £, US $, Euro etc are ALL FIAT currency. They are all a promise to pay, you cannot pay anything with a promise only discharge, that is discharging 1 debt for another, please read BOE Act 1882 sect59 sub 1:

https://www.legislation.gov.uk/ukpga/Vict/45-46/61

59 Payment in due course.

(1)A bill is discharged by payment in due course by or on behalf of the drawee or acceptor.

“Payment in due course” means payment made at or after the maturity of the bill to the holder thereof in good faith and without notice that his title to the bill is defective.

when a weekly shop is done & discharge say £20 the week after another £20 & so on, the shop keeper should say 'you constantly give £20 notes for your shopping, when do you actually intend on paying?'.

The end game is this: once discharge is given (yes I suppose some would see it as payment), according the sect59 sub1 above, that's it any further alledge debt has gone & is no longer valid (its paid, finished) - 'holder thereof in good faith and without notice that his title to the bill is defective.' As I have written in many a post here 'the Origonal Creditor's title to the bill is defective.'

In a debt driven economy nothing can ever be paid for, we hand around promises to pay but never do.

(2104)

by **LionsShare** Tue May 18, 2021 4:15 pm

As we all pass around bits of paper with ink on as the main method of exchange (people will see it but not realise), as stated above its all promises - fakery - there is NO money, no value, only cash value - the amount written on the bank note.

Even after this CV19 BS more of us are starting to realise its all FAKE.

In passing around paper with ink on there has to be a realisation WE have to be the Creditors to the economy & in doing so we all have a stake, certainly for anything PUBLIC.

As a 'thank you' for participation you are given a cheque (more paper & ink) - several in fact over time, can you guess for what? Very Happy

Use it as intended, enjoy life, relax, be happy. Very Happy

LS

by **daveiron** Mon May 24, 2021 8:00 am

by man Thu Jun 03, 2021 8:11 pm

Re: Bills Of Exchange - Can't we discharge any amount of debt using a £1 stamp?

by **LionsShare** Thu Jun 03, 2021 9:44 pm

man wrote:Re: Bills Of Exchange - Can't we discharge any amount of debt using a £1 stamp?

Yes in certain circumstances. More over 1st class stamp, possibly 1p stamp.

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Bank staff dont even get it

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