Comment: "One bank's virtual money is an unwitting man's promise to pay"

(See in situ)

In reply to comment: Good post prior to this inane (see in situ)

"One bank's virtual money is an unwitting man's promise to pay"

"One bank's virtual money is an unwitting man's promise to pay" - Mark Twain, 2013
-------------------------------------------------------------------
Virtual-Money: Signing the FEDERAL RESERVE ACT, 1913. Portrait by Wilbur G. Kurtz, 1923.

The productive energies of the nation which is the question of vital importance.

The Aldrich-Vreeland Act did not accomplish this result, yet it did have the great virtue of recognizing the broad principle which I had advocated in 1899 of making elastic currency available.

http://www.archive.org/stream/federalreservea00owengoog/fede...

THE FEDERAL RESERVE ACT ~ "That one Measure won the War"
— John Skelton Williams, Comptroller of the Currency of the United States. Author: Hon. ROBERT L. OWEN, US SENATOR, OKLAHOMA

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul