Ebook: Foreword To ’The Bankers’ Conspiracy’

"Here is the case for inflation, written last summer by one of England's foremost inventors as the foreword to a recently republished pamphlet that bears the same title as this article."

'Orthodox writers are fond of dwelling on the disasters accompanying periods of monetary inflation, such as occurred in Germany after the War and in Russia after the Revolution. These writers are careful to avoid mentioning that in both these cases the inflation was deliberate on the part of the authorities. In the one case it was adopted to get rid of Germany's internal war debts, and in the other to destroy the Russian private traders by making the ruble valueless. The increase of money supplies for the sole purpose of assisting trade and production has always proved beneficial to mankind.'