Chapter XIX Money in the Atomic Age

to work and produce, or serve others, will prosper as never before. It will end wars, it will end hunger and want, it will put us in lock-step with the atomic age. It will end great fortunes, and debt money cannot come into a community and build great trade emporiums not needed, and destroy the businesses of those who serve in the retailing of goods: on a modest basis. It will not handicap needed industry, but will protect it from the exploitation of the debt dollar creators. It is a far cry from the "coining of silver and gold coin" for money, to the flood of debt dollars the banks are flooding the country with, hourly, daily, monthly, year in and year out. Then your insurance premium will not bounce higher, while your insurance policy skids lower and lower. Then your savings will not be cut in half, to one-third, aye, to one-fourth, as now. It will mean, when our earned dollars as evidenced on the books of the depositories are controlled and limited in volume to the surplus goods produced and consumed, that your dollar will buy the same quantity in 1997 it buys in 1957. Stability, soundness, elasticity, and confidence will tincture every American dollar. Perhaps we can see the injustice of our present debt dollar by taking the simplest unit of people, the family. Let's take the proverbial family of nine, the parents and seven sons. All working together can easily produce an abundance of needed food, clothing and shelter; but four of the sons, the eldest and strongest, decide they will quit work, dress well, spend their time leisurely enjoying reading, travelling, or just loafing. The other five then must do the work of the nine. That means that to enjoy the same abundance, they must work four-fifths longer hours. When all were working they could easily do all of the work in 10 hours, but now the five must work 18 hours a day, to meet the accustomed plenty. But they can't work that many hours daily. Human strength will not let them do that, so they struggle 12 hours daily, and fail to fill the barns and store houses as before. But the four well-dressed, soft-handed brothers write debt dollars, and buy the products their brothers and parents have produced, leaving the producers an insufficient supply. The older sons of other families seeing