What is Money

MONEY?

1. It is "legal tender" that can be used to buy stuff and to pay debts.

2. Only money can be used to pay Taxes (debt that is owed to Government].  Taxes make money necessary and therefore valuable

3. Most Money spent by the Treasury is obtained by special-appointed Corporate Bank-brokers when only they purchase Treasury Bonds at the primary Auction for themselves and their clients. 

4. The rest is created by the  Federal Reserve Banks to purchase Government Bond Debt on the secondary bond market.  

5. Government spending money comes from
 A.  Taxing 
 B.  Borrowing
 C.  Creating

6. Corporate Bankers are the primary Brokers for borrowers. They alone are the buyers of Government Bonds at the Primary Auction because Congress gave only them that privilege.