Gold

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‘Gold is a relic of Julius Caesar, and interest is an invention of Satan’

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9 thoughts on “Gold

    1. Thomas Edison was an advocate for monetary reform in the United States. He was ardently opposed to the gold standard and debt-based money. Famously, he was quoted in the New York Times stating “Gold is a relic of Julius Caesar, and interest is an invention of Satan.”

      In the same article, he expounded upon the absurdity of a monetary system in which the taxpayer of the United States, in need of a loan, can be compelled to pay in return perhaps double the principal, or even greater sums, due to interest. His basic point was that, if the Government can produce debt-based money, it could equally as well produce money that was a credit to the taxpayer.

      1. Thank you for briefly explaining that to me🧑
        I’ve always been behind in the history raceπŸ˜‚πŸ˜‚
        You are kindπŸ‘πŸ»β€

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