LAST DITCH OF DEMOCRACY - Majority Rights

A system wherein the public is MILKED and bilked of TWO dollars for
every dollar spent by the government is not the way to win either a war
or a peace.
And the usury (now the Warburg) system is as old as the gold brick
wheeze. The money system practiced by Monty Norman, and by
Baruch’s fireside cronies is the system of claiming MORE than there is.
The CLAIMS are printed on paper (in the old days they were printed on
metal), they are also partly printed on paper, and those forms filled in
with ink.
Twenty dollars printed on a gold piece will NOT buy eggs on a desert
raft, where no eggs are. It is as impotent to get tungsten out of grass in
your back yard, as is a claim for 20 bucks printed on a Treasury note.
The value of money, as Aristotle observed, is determined by what it will
BUY.
Hence, the howls about INFLATION. I’ll say inflation. Baruch will
NOT want inflation until he has got out money and put it into something
else, or until he is two jumps ahead of the public in unloading a dying
currency like the British STERLING, and getting into Pesos or [some
thing able to rise if anything in the western hemisphere] can be
considered as rising or promising.
OVER a hundred years of stealing and cheating the South Americans is
NOT [the] basis for lasting delight. Morgenthau’s government can pump
money OUT of the AMERICAN people and spend it on Brazilian
Ambassadors, it can LEND it to insolvent countries, who have neither
the intention nor the capacity to REPAY it.
The banks can UNLOAD some of the bonds onto suckers, of whom the
United States seems to possess a super-Loeb-chart supply. CHEAP
agricultural products can be BOUGHT in South America and dumped