We have said that there is a true standard of value, and that this is based in the capacity of a country to pay without infringing upon the country itself; that is, without resorting to an actual transfer of supposed title to any part of its domain for something the domain itself produced.
Victoria C. Woodhull: “We have said that there is a true standard of value, and that this is based in the capacity of a country to pay without…”
Editor's note · Context
She emphasizes that true value is derived from a nation's productive capacity rather than its monetary systems.
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