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Los Angeles, December 31, 1973 - Morning Walk


Paper currency: cheaters and the cheated...gold standard is good because it discourages large scale industry and trade...real wealth as cattle and grains...Therefore I am advising that purchase land and produce our own food. There will be no problem.



Prajapati: Actually, I was concerned this morning about inflation. The government and the newspapers, they say the biggest problem today is inflation. From our Krsna conscious standpoint, how can we cure this problem of inflation?

 

Prabhupada: It is very simple. Don't accept paper currency. It must be gold or some metal worth. Just like one dollar, it must be worth one dollar metal. Then it is solved. But they want to cheat. How it can be solved? Because if I pay you one dollar, I must pay you value for one dollar. But it is the cheating process is going on, "I pay you one dollar, a piece of paper. That's all." So you accept cheating, and I also cheat. Government allows. So how the problem can be solved? It is cheating. But the government allows it as law. And you accept, I accept. Then how they can be solved, solution? This is the solution.

 

Prajapati: In the economy itself there isn't actually enough money to, that's even in the banks...

 

Prabhupada: That is cheating. Therefore I say cheating. I have no money. I give you simply paper. I promise to pay hundred dollars. What is the use of that promise if I have no money? But you want to be cheated. I cheat you. That's all. You are satisfied of being cheated by me; so I take the advantage and I cheat you. I give you a paper. That's all.

 

Bahulasva: Real money is gold and silver.

 

Last Updated (Wednesday, 02 October 2013 23:02)

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If you have got desire, you can preach in any circumstances and Krishna will help you. I have practically experienced. I went to your country without any help, without any money. Alone. And gradually things developed. (Srila Prabhupada, Room Conversation, September 30, 1976, Vrindavana)