rtwngAvngr
Senior Member
- Jan 5, 2004
- 15,755
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- Banned
- #41
We care not upon what lines the battle is fought. If they say bimetalism is good, but that we cannot have it until other nations help us, we reply that, instead of having a gold standard because England has, we will restore bimetalism, and let England have bimetalism because the United States has it. If they dare to come out in the open field and defend the gold standard as a good thing, we will fight them to the uttermost. Having behind us the producing masses of this nation and the world, supported by the commercial interests, the laboring interests, and the toilers everywhere, we will answer their demand for a gold standard by saying to them: You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold. -WJB
Yes. Making people work for continually devaluing scraps of nothing is better.
Of course we need money. The issue is the unrestrained and unchecked power of printing it at will, manipulating it's value, and the power differential of having access to the fresh supply before the inflationary effect of it's very existence takes hold.