Few Americans realize that in 1933, the U.S. government eliminated real money—but also provided a remedy: the ability to discharge debt through lawful assignment. Under 31 U.S.C. §§ 3123 and 5118, private individuals can lawfully tender value and assign obligations to the U.S. Treasury for dollar-for-dollar discharge, utilizing the same credit-based system banks use every day. This isn’t theory — it’s codified law, commercial equity, and constitutional remedy in motion. When you perfect your interest, assign the obligation, and document the discharge, you don’t just resolve your own debt—you actively contribute to reducing the public burden. The only thing missing? The awareness that it’s been your lawful right all along.
The U.S. financial system underwent a monumental transformation due to the Emergency Banking Act of 1933, House Joint Resolution 192 (HJR 192), and key provisions of Title 31 U.S. Code, including 31 U.S.C. § 3123, § 5118, and § 5103. These legislative acts, combined with the Constructive Expansion Policy established by Congress on March 9, 1933, fundamentally reshaped the nature of currency and debt obligations in the United States. This shift not only dismantled the gold standard but also recognized negotiable instruments—including bills of exchange, bonds, and acceptances—as legal currency.