Reference:
First National Bank of Montgomery vs. Daly
For Consideration in contracts see: Taking it to Court in Web of Debt, by Ellen Brown, J.D. page 28-29
All below is from Understanding Money, by John Root Jr.
All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit, and circulation."
John Adams (from a 1787 letter to Thomas Jefferson) i
This quote is the theme of this campaign. We need to understand money!
"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." ii "Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs."
Thomas Jefferson
"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent."
John Kenneth Galbraith
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