Epistle to the Americans III

What you don't know about Money

By:

David E Robinson

Format:

Paperback / softback

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Description

America had learned "the secret of money" and that "genie" had to be put back into its bottle as soon as possible. ( 3 AMERICANS 38:23 ) Officials of the Bank of England asked [Benjamin] Franklin how he would account for the new-found prosperity of the colonies. Without hesitation he replied: "That is simple. In the colonies we issue our own money in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. It is called Colonial Scrip. In this manner, creating for ourselves our own paper money, we control its purchasing power and we pay no interest fee to anyone." ( 3 AMERICANS 38:20-22 )

Author Biography:

Dave Robinson is a retired mechanical engineer who lives near Maquoit bay on the midcoast of the Grand State of Maine.

Release date Australia

September 11th, 2009

Author

David E Robinson

Audience

General (US: Trade)

Pages

182

Dimensions

140x216x10

ISBN-13

9781448698844

Product ID

37817031

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