Abraham Lincoln succeeded in creating government money to spend debt and interest free. America, using the Greenbacks, enjoyed significant prosperity under a system where government money was not interest bearing enslavement by bankers. The history of the success of the Greenback is not well published, as with the continental before it. Unfortunately the stimulation for the Greenback was both the strangulation grip of private banking and war. A better world is possible though if enough citizens understand the constructive power of a sound, sane, accountably money system in the peoples hands.
What follows are some clips and links to stimulate further interest in the Greenback & UK money reform in particular.
According to a London Times editorial in 1865, alarmed at the success of Lincoln's greenbacks, "[America] will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world...That country must be destroyed or it will destroy every monarchy on the globe."[1]
[1] This quote is attributed to Lord George J. Goschen, Director of the Bank of England and later, Chancellor of the Exchequer.
Under Creative Commons License: Attribution
Some key US political figures that promoted money reform above their own self interest. Check out how many were subject of assassination or attempted murder.
Andrew Jackson
Abraham Lincoln
Ben Franklin
Barry Goldwater
Louis T, McFadden
Charles Lindbergh
James Garfield
John F Kennedy
Lincoln's drive for a national treasury
Long and interesting article about the Greenback and Lincoln's struggle against European bankers.
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