The only American president to whom this may have applied is the late President Kennedy (JFK). I have heard, though I cannot say for sure that it is true, that he discovered the Federal Reserve racket, whereby the Federal Reserve Board, the central bank of the US, creates money out of thin air and then lends it to the US government, which even then needed more money than it was able to obtain through taxation.

The US government have to buy this money with bonds. In other words it has to borrow this made-out-of-nothing money from the bankers who own the Federal Reserve, at interest, with an obligation to repay it eventually.

Of course, the government has borrowed so much that it will never be repaid, and just forms part of the US Treasury bonds, or national debt, as we in the UK prefer to call it.

JFK decided that this fraud should end, so in the summer of 1963 he started a process of issuing "Treasury Notes", which were backed by the US government, and were interest-free. A Treasury Note was worth the same as a dollar, and was interchangeable. But it didn’t carry the burden of interest payable to the private bankers who own the Federal Reserve Bank.

The bankers went ballistic over this. They were in serious danger of losing their wealth and their power. And if the US got out of their clutches then other nations would surely follow.

Unfortunately, as we all know, JFK was assassinated on 22nd November 1963. Whether this had anything to do with his "Treasury Notes" or not we shall probably never know. But one thing is for sure - all his Treasury Notes were surreptitiously withdrawn from circulation immediately following his murder.