What about the private side, I think there is a debt from using the US currency because the US went off the gold standard and there is nothing to back up the currency because the currency is created at the time of use as Federal Reserve Note (I.O.U.). If you pay with an IOU, then the United...
What are the mechanics involved for Accepted For Value (A4V) on a set off for your paid off purchases?
There are those who try to pay off their unpaid bills with A4V, which is know as a scam and fraud. What I'm interested in is when you purchase something using a credit card and pay it off...