IF A NATION CAN
ISSUE A BOND...

"If a nation can issue a bond it can issue a bill. The element that makes the bond good
also makes the bill good. The difference between the bond and the bill is that the bond
lets money brokers collect twice the amount of the bond plus interest. Whereas the bill
pays nobody but those who contribute directly in some useful way. The people are the
basis for government credit. Why then cannot the people have the benefit of their own
credit by receiving non interest bearing bonds? It is absurd to say that our country can
issue $30 million in bonds and not $30 million in currency. Both are promises to pay:
But one fattens the usurers and the other helps the people..."
