“The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity. THE FINANCING OF ALL PUBLIC ENTERPRISE, and the conduct of the treasury will become matters of practical administration. Money will cease to be master and will then become servant of humanity.”
I am not sure I completely agree with this quote, but it’s change of perspective sure is refreshing, and very timely, too.