Benjamin Franklin’s testimony to the British House of Commons in 1766 stated that “the prohibitions of making paper money” was one of the primary causes of the loss of “respect for parliament.”

Thus, the American Revolution began with an honest demand to take control of monetary policy. Article 1 Section 8 of the United States Constitution clearly identifies the sovereignty of government…

Continue ReadingBenjamin Franklin’s testimony to the British House of Commons in 1766 stated that “the prohibitions of making paper money” was one of the primary causes of the loss of “respect for parliament.”