Out Of Debt, Out Of Danger: Proposals For War Finance

Audit and abolition of the U.S. privately-owned Federal Reserve banking monopoly. VOORHIS, Jerry; Preface to 1991 Reprint by PIPER, Michael Collins. "Money creation," according to Voorhis, "is the greatest economic power known to man. That power ought always to be exercised in the interest of all the people, never for the sake of private gain or a privileged few. "The banks--commercial banks and the Federal Reserve--create all the money of this nation, and the nation and its people pay interest on every dollar of that newly created money. "This means that private banks exercise un-Constitutionally, immorally and ridiculously the power to tax the people. For every newly created dollar dilutes to some extent the value of every other dollar already in circulation."