the_gold_standard_2
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| - | ====== The Inner Life 1933 ====== | + | ====== The Inner Life ====== |
| + | == THE HERALD OF THE NEW AGE | MARCH 1934 == | ||
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| + | <WRAP justify> | ||
| our silver at a large discount and ship it to India, then through depressing the silver values in India, could buy their products at any price they chose. The manipulator of the plot said, “There is not one man in a million who understands the science of money. In the whole American congress there are probably not two men who understand it,” and he goes on to say: “Now, here is a five pound note—It is not money. And this silver shilling, with us, is not money. The people think they are both money. This note is a promise to pay money, and the silver piece is also by law a like promise to pay money. In each instance the money promised is gold. | our silver at a large discount and ship it to India, then through depressing the silver values in India, could buy their products at any price they chose. The manipulator of the plot said, “There is not one man in a million who understands the science of money. In the whole American congress there are probably not two men who understand it,” and he goes on to say: “Now, here is a five pound note—It is not money. And this silver shilling, with us, is not money. The people think they are both money. This note is a promise to pay money, and the silver piece is also by law a like promise to pay money. In each instance the money promised is gold. | ||
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| “You cannot understand the feasibility of my plan until you appreciate how ignorant the people are on monetary questions. I will illustrate it this way: Suppose silver was demonetized as money in the United States, | “You cannot understand the feasibility of my plan until you appreciate how ignorant the people are on monetary questions. I will illustrate it this way: Suppose silver was demonetized as money in the United States, | ||
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| - | The Gold Standard 2 | + | |
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