U.S. Note born Feb 25th 1862

[David Merrill]

The absurdity that debt can function as currency!

I was in a bible study yesterday morning and the leader was sticking to a point about getting the wrong kind of people into church leadership. I told an allegory, well maybe more a pertinent anecdote:

A close friend of mine is an accomplished surgeon. He is the first surgeon to re-attach a human limb successfully - a thumb. When he was opening a bank account in Texas the bankers thought he would be great on the Board of Directors, simply because he is rich and famous. He began inquiring how debt could be considered currency at all. Pretty quick they were arguing and when my friend became discouraged about getting any answers from the rest of the Board he wrote Debt Virus, that was translated into 40 languages and is a devastating treatise against the criminal syndicalism of fractional lending.

There is a prominent attorney in attendance and I noticed he was getting pale and even gray with a pallor!