08 JAN 2011 by ideonexus

 The Use of Gold for Money Leads to Efforts to Inflate Its...

Gold is abused and made into vessels of dishonour, and abolished from ideal society as though it were the cause instead of the instrument of human baseness; but, indeed, there is nothing bad in gold. Making gold into vessels of dishonour and banishing it from the State is punishing the hatchet for the murderer's crime. Money, did you but use it right, is a good thing in life, a necessary thing in civilised human life, as complicated, indeed, for its purposes, but as natural a growth as the bo...
Folksonomies: economics
Folksonomies: economics
  1  notes

Reminds me of the Mortgage crisis, when homes became a source of money and every effort was made to over-inflate their value.