Friday, March 29, 2013
APRIL 17, 1790 – DEATH OF BENJAMIN FRANKLIN
1790 – DEATH OF BENJAMIN FRANKLIN
"Experience, more prevalent than all the logic in the world, has fully convinced us all that paper money has been, and is now, of the greatest advantage to the country."
"The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the international bankers was the prime reason for the revolutionary war. "
"A legitimate government can both spend and lend money, while banks can only lend significant amounts of their promissory bank notes. Thus, when bankers place money in circulation, there is always a debt principal to be returned and usury to be paid."