(1) The Federal Reserve Note is the main one today.

(2) Federal Reserve Note , This note legal tender for all debts, public and private.

(3) T: Therefore, the Federal Reserve Note is the main one today?

(4) The Reserve Banks credit bankreserve accounts and reduce Federal Reserve note liabilities.

(5) If you will pull a dollar bill out and take a look at it, you will notice that it says "Federal Reserve Note" at the top.

(6) See if you can locate a $5, $10, or $20 bill printed before 1964 and marked "Federal Reserve Note" over the portrait .

(7) But at the same time, under the law... and the laws says that the Federal Reserve notes are legal tender and everybody has to obey all he laws doing it, because a Federal Reserve note is a dollar.

(8) Well, we don't know what a dollar is, but there is nothing on the books that says that a Federal Reserve note is a dollar.