Money, issued in the way previously described, would derive its value in exchange from the fact that it had come from the highest legal source in the nation and would be declared legal to pay all public and private debts.

Issued by a sovereign nation, not in danger of collapse, it would need no gold or silver or other so-called "precious" metals to back it.

As history shows, the stability and responsibility of government issuing it is the deciding factor in the acceptance of that government's currency--not gold, silver, or iron buried in some hole in the ground. Proof is Canada's currency today. Our gold and silver is practically gone, but our currency is accepted. But if the government was about to collapse our currency would be worthless. Also, money issued through the peoples' legitimate government would not be under the control of a privately owned corporation whose individual owners benefit by changing the money amount and value to fluctuate and the people to go into debt.

Under the present debt-usury system, the extra burden of usury forces workers and businesses to demand more money for the work and goods to pay their ever increasing debts and taxes. Since it is a demand for more dollars for the same work or goods, it is a DEFLATION of the dollar (erroneously called "inflation" by the money propagandists). Bankers, politicians and "economists" blame it on everything but the real cause, which is the interest levied on money and debt by the Bankers.

Today, deflation of money value is totally to the benefit of the money-lenders, since it wipes out savings of one generation so they can not finance or help the next generation, forcing them to borrow from the money-lenders and pay a large part of their life's labor to the usurer.

With an adequate supply of interest-free money, little borrowing would be required, usury would be non-existent, and prices would be established by people and goods, not by debts and usury.