1865 – ASSASSINATION OF PRESIDENT ABRAHAM LINCOLN
“The money power preys upon the nation in times of peace and conspires
against it in times of adversity. It is more despotic than monarchy,
more insolent than autocracy, more selfish than bureaucracy.”
It was President Lincoln who advocated for and oversaw the creation and
circulation of our nation’s last debt-free money, the Greenbacks. This
was money not borrowed from banks, but created (as authorized in the US
Constitution, Article 1, Sec 8) by the government to meet the nation’s
needs.
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