Forum Post: The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers.

"The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers.....

"The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied.

"The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration.

"The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity.

"Democracy will rise superior to the money power."

--- Gerald Gratten McGeer, interpreting the words of Abraham Lincoln (from Senate Document 23)

Gerald Gratten McGeer: In the early part of the Great Depression, McGeer became a zealous student of economics and soon became obsessed with monetary reform as the answer to the economic crisis. He eventually came up with his own theories, which he cobbled together from the work of John Maynard Keynes, Abraham Lincoln, and the Bible. On one occasion, he hypothesized that international "money power" was financing Communists activities in Vancouver. Another time he testified before the government that Abraham Lincoln was assassinated by international bankers opposed to the introduction of "Greenbacks." (from Wikipedia)