On the record
If it can be dispensed with and trade continue, its importance as money entirely disappears.
Said by
Victoria C. Woodhull
Source
gutenberg.orgIf it can be dispensed with and trade continue, its importance as money entirely disappears.
Woodhull posits that if gold can be eliminated from trade without issue, its significance as money diminishes.
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More from Victoria C. Woodhull
They must and will attain their journey’s end.
Now, what we require is a measure of values of just as fixed and absolute a character as any of these.
In such a condition of things, courts of justice, with all their attendant judges, bailiffs and attorneys-at-law, would find their occupation gone.
That kind of money which has elasticity, that will be plenty when business is active, and that can be readily put to other use for profit when business is less demanding, is the kind the prosperity of a country demands.