Can you really redeem your reciepts for "Lawful Money"?

"as a registered citizen of a country, all your purchases are insured...

when you make a purchase at a registered retailer from monies you earn by your labour, an execution occurs, where the cash amount (not coin) is cast in to the public realm...

the receipt you have is now your reservation on the public funds... the receipt can be redeemed through the irs, revenue canada, etc..."

"not maybe, absolutely...

prior to 1933, you would have to wait 7 years to redeem, and the tax was one percent...

after 1933, they floated bonds, making the receipts redeemable immediately... however, you paid a higher tax, and the rate keeps going up..."

"when a purchase is made at a retailer, and the payment is cleared through the bank, it goes in to the reserve system, making your receipt valid, and available to redeem..."
https://www.godlikeproductions.com/forum1/message3080635/pg2

"it has to go through the clearing house to be registered in the reserve system...

that reserve is what makes your receipt redeemable..."

"lawful money is of course a federal reserve note..."
https://www.godlikeproductions.com/forum1/message3080635/pg3

"what i have done is redeemed receipts from purchases, and this action has immediate results..."

"william is claiming he takes his receipts and exchanges them directly for goods and services, He has made the claims, but has not provided proof or even evidence."

"i try to refrain from calling someone an idiot, but, in your case, i am making an exception...

if you can read - the receipt exchange is with the irs/revenue canada...

where did i say - with a merchant directly????"
https://www.godlikeproductions.com/forum1/message3080635/pg9

"again, you can get all the proof you need by simply calling the irs...

this is what is meant by - they shall be redeemed for lawful money on demand...

most likely, you do not want to do it, because you have backed yourself in to a corner with a bogus concept of what lawful money on demand means..."
https://www.godlikeproductions.com/forum1/message3080635/pg10

"everyone runs their life the way they see fit for themselves as it should be...

just to be clear; i am not in favour of this system, i am trying to point out some of the facets of it, so anyone can make an informed judgement for themselves...

with that being said, let's look at a mathematical example...

earn $500, demand lawful money, no tax...
available to spend $500...

earn $500...
tax rate of 25% - $125
immediately available to spend - $375
$375 spent on goods and services is eligible for redemption
total potential to spend on $500 = $750

btw, if those receipts are not redeemed right away, they will accumulate, and will be eligible for larger purchases, such as a car, boat, etc..."
https://www.godlikeproductions.com/forum1/message3080635/pg5

"They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank."
https://www.law.cornell.edu/uscode/text/12/411

They = Reciepts