David Merrill is a prolific law researcher, writer and contributor on
many blogs and internet forums. His research deals with complicated
questions of common law, admiralty law, commerce and banking. He did
significant research in the 1990's which found its way into Are You Lost At C?,
a report that circulated on the web for some time and is regarded by
many as a work of invaluable research in spite of its imperfections.
In 2008, he produced two videos that caught the attention of our
editorial staff. The issue of lawful money is baffling to the many and
over-stood by the few largely because of poor teaching methods. Mr.
Merrill's approach was clear and enlightening, to-the-point and
deserving of immediate transcription.
The first transcript was compiled by another source whose credits
remain in the text. With the exception of inaudible sounds, the
transcript has been taken exactly. Anything added to the articles by the
transcribers appears within brackets. The original videos can be viewed
at the following:
Public Money vs Private Credit: