On reading this book you may find arguments restatedover and over. The reason is twofold. Until we hear anew truth stated three times, it does not seem to register.Also the need for monetary reform is repeated in somany different parts of life, that the same theme comesthrough in each of them.Those who read this book mayonly have an interest in their own speciality. To learnwhat is appropriate to their own specific problem, theymay need to refer to their section of the book, and willexpect to find it there.
Allow me to start this book about money, by remindingyou of some simple facts concerning money, whichsometimes get forgotten.First of all money only exists if somebody makes it. And I do mean make it. Makingmoney is different from earning money which hasalready been created. The creation of money, themanufacture of money, the bringing into existence of money, which previously did not exist, is entirelydifferent from acquiring money. Money does not exist innature,
money is man-made stuff.
If the private individual manufactures money it is said to be forging money or counterfeiting money. There is atacit assumption that only the Government has the rightto manufacture new money by minting base metalcoinage or printing banknotes.We do not expect private