6139008-History-of-Money

What is “Promise to Pay” money? When you take a bank loan by signing a “promise to pay” the bank, essentially, thebank is substituting its “promise to pay” which is accepted as money by others for your “promise to pay” which is notaccepted by others.Alexander Hamilton: "To emit an unfunded paper as the sign of value ought not to continue a formal part of theConstitution, nor even hereafter to be employed; being, in its nature, pregnant with abuses, and liable to be made theengine of imposition and fraud; holding out temptations equally pernicious to the integrity of government and to themorals of the people."Abraham Lincoln: "The Government should create, issue, and circulate all the currency and credits needed to satisfy thespending power of the Government and the buying power of consumers. By the adoption of these principles, thetaxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity…No man is good enough to govern another man without that other's consent … These United States of America can neverbe destroyed from forces outside its borders. If America falls, it will fall from within. Brought down by apathy[indifference]. When good people do nothing, Anarchy reigns... We the people are the rightful masters of Congress andthe courts, not to overthrow the Constitution, but to overthrow men who pervert the Constitution.”London Times 1865: "If this mischievous financial policy [of creating a debt-free currency by the Government], whichhas its origin in the American Republic, shall become permanent, then that government will furnish its own money withoutcost! It will pay off its debts and be without debt. It will have all the money necessary to carry on its commerce. It willbecome prosperous without precedent in the history of the World. The brains and the wealth of all countries will go toAmerica. That government must be destroyed or it will destroy every monarchy on the globe!"President Andrew Jackson: "If congress has the right under the Constitution to issue paper money, it was given themto use themselves, not to be delegated to individuals or corporations… The bold efforts that the present bank has made tocontrol the government and the distress it has wantonly caused, are but premonitions of the fate which awaits theAmerican people should they be deluded into a perpetuation of this institution or the establishment ofanother like it...If the people only understood the rank injustice of our money and banking system therewould be a revolution before morning." "It is not our own citizens only who are to receive the bounty ofour government. More than eight millions of the stock of this bank are held by foreigners... is there nodanger to our liberty and independence in a bank that in its nature has so little to bind it to ourcountry?... Controlling our currency, receiving our public moneys, and holding thousands of our citizensin dependence... would be more formidable and dangerous than a military power of the enemy. Ifgovernment would confine itself to equal protection, and, as Heaven does its rains, shower its favouralike on the high and the low, the rich and the poor, it would be an unqualified blessing. In the actbefore me there seems to be a wide and unnecessary departure from these just principles."And from a secret agent in 1862: "Slavery is likely to be abolished by the war, power and all chattel slavery abolished.This I and my European friends are in favor of, for slavery is but the owning of labor and carries with it the care of thelaborers, while the European plan, led on by England, is that capital shall control labor by controlling wages. The greatdebt, that the capitalists will see to it is made out of the war, must be used as a means to control the volume of money.To accomplish this, the bonds must be used as a banking basis. We are now waiting for the Secretary of the Treasury tomake this recommendation to Congress. It will not do to allow the greenback, as it is called, to circulate as money anylength of time, as we can not control that. But we can control the bonds and through them the bank issues."Darryl R. Francis, former President of the Federal Reserve Bank of St. Louis: "Since the direct method of printingmoney to finance government expenditures is prohibited in the United states, the monetization of government deficits hasoccurred indirectly . . . government debt is ultimately being financed by the creation of new money . . . I doubt thatmonetization of debt has a conscious act . . . I can find no benefits accruing to the whole of society from debtmonetization, but the risks are very serious and can be expressed in one word, inflation".President Thomas Jefferson: "... we must not let our rulers load us with perpetual debt...If we run into such debts asthat we must be taxed in our meat and in our drink, in our necessities and comforts, in our labors and in ouramusements, for our callings and our creeds...ourpeople...must come to labor 16 hours in the 24, givethe earnings of 15 of these to the government for theirdebts and daily expenses; and the 16th beinginsufficient to afford us bread,...We have no time tothink, no means of calling the mis-managers toaccount; but be glad to obtain subsistence by hiringourselves, to rivet their chains on the necks of ourfellow sufferers. Our land holders, too...retainingindeed the title and stewardship of estates calledtheirs, but held really in trust for the treasury,. . .thisis the tendency of all human governments. A departurefrom principle becomes a precedent for a second; thatThe Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 83