Overflight, 149

“I simply call attention to certain facts that cannot be successfully disputed. I know and so does any careful student know, whether he admits it or not, that the fact that the government stamps legal tender privileges on gold creates an increased and artificial demand for it, and, consequently a merchantable value that is very much in excess of what it would be if the gold did not have impressed upon it this legal tender privilege. … It now partakes of the character of monopoly. Every additional cent of credit given to it above its intrinsic worth as an article of commerce, by reason of the Government’s stamping it legal tender, is first extorted from the people’s own credit, next accumulated in the form of so−called "capital," and after that becomes the basis for charging them compound interest for generations – perpetually – if they shall not emancipate themselves by an abandonment of this false practice. As far as the principle is concerned, there is no difference between the Government stamping gold as legal tender and giving the owner the advantage of its increased value, and the same stamping process being applied to plain paper.”
Charles August Lindbergh, Sr., Congressman and Member of the House Banking and Currency Committee, Banking and Currency and The Money Trust

“Aside from what can be inferred from the media, the current situation is dramatic based on at least two considerations: we have a dysfunctional type of monetary system like the American one before the American revolution – 1770 – and we have a public debt that absorbs over 50% of the State revenue, as in France in 1780, right before the French revolution. In 1763 Benjamin Franklin was visiting England and was interviewed by the Bank of England about the surprising economic prosperity of the colonies. Franklin answered: «It is very simple. In the colonies we print our money. They are called Colonial Scripts. We issue them in direct ratio to the needs of industry and trade to ease the exchange amongst producers and consumers. In that way we create the colonies' own money, control its purchasing power and owe no interest to anyone.»

Overflight