Thursday, February 12, 2009

Financial quote of the day

Today is Lincoln's Birthday:

"The government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the government and the buying power of consumers. By adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity."

As quoted at from

Is he calling for monetizing the debt? Might not want him as out next Fed Chair.

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