Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talks of the sovereignty of Parliament and of democracy is idle and futile.

Summary

This quote highlights the importance of government having control over currency and credit. It argues that unless this control is restored and recognized as the most important and sacred responsibility of the government, any discussions about the power of Parliament and democracy are meaningless. In other words, the quote suggests that without government control over currency and credit, true sovereignty and democracy cannot be achieved.

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