How is the power to issue 'unsecured credit cards', which have become the ubiquitous 'money of the day' - not precisely the same as giving every credit card company the power of the mint ?
It is literally, the printing of money.
Think about it - and, no, 'paying' the card off does not remove the 'printing of money' charge.
Just a random thought - brought about from perusing some of Franklin's poetry ....
The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of colonists to get power to issue their own money permanently out of the hands of George the III and the international bankers was the PRIME reason for the Revolutionary War.
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