EXTRA CREDIT JUST FOR FUN: Cash

Cash actually seems to have some characteristics of a loan — kind of like a little mini bond without a stated  maturity date.

Just think – if you went to your banker to get a $1000 loan to be paid (with interest) in 90 days, he would have you sign a NOTE promising to pay.

Now look at a dollar bill.  What does it say?  It says Federal Reserve NOTE.  This NOTE is legal tender for all DEBTS, public and private.  That sounds like a loan, doesn’t it.

Who’d of thought cash might be loaning instead of owning?

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