The ARA is, in other words, about control, which I propose to take away from you, if you'll bear with me.

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Private-payments companies threaten to take away the government's ability to control the money supply and benefit from seigniorage, the difference between the cost to produce the money and its face value.

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Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.

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