10/28/2024
In banking, there is Private Credit and Private Debt. The Federal Reserve System and its national/member banks offer private credit to consumers and businesses. This is considered commercial lending, for cars, houses, student loans, credit cards (examples are considered private debt) and even the fiat money we use. The "strawman" participates as a debtor, laborer and taxpayer. The practices are followed by the masses all over the world and are thought to be the only way commerce is done. This is PUBLIC policy by default.
Public Credit and Public Debt are funds borrowed from the federal, state and local governments. The investors are foreigners and Americans. Oftentimes, because the federal government borrows at Zero Discount (at par), that means with no interest return for the investor, the investor pays No Federal, No State and No Local Taxes. United States Notes when they were in circulation (1862-1971), offered this mutual benefit. Such benefits (remedies) are currently available through PRIVATE procedures. The living being is the true and original creditor for the banks and government. Remember that.
We offer next level Trusts and Trustees, get next level training to learn how to preserve, protect, grow and transfer wealth for generations to come. Without necessary training, too much will be paid in taxes, debt will be perpetual, and security will be vulnerable. For more information about Trust and Trustee services, go to: https://familywealth.talentlms.com
Upcoming Event
If local to Charlotte, NC, plan to attend the Community Event "Less Stress, More Wealth" this coming Saturday, November 2nd at 10:00am EST. Seeing is believing!
Location:
Progressive Baptist Church
1600 Clanton Road
Charlotte, NC 28208
Register for free at: https://www.eventbrite.com/e/less-stress-more-wealth-community-meeting-tickets-1026548894377