On the record
Our money is not measured by Gold—Gold is measured by it.
Said by
Victoria C. Woodhull
Source
gutenberg.orgOur money is not measured by Gold—Gold is measured by it.
Woodhull asserts that the value of gold is determined by the currency rather than the other way around.
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More from Victoria C. Woodhull
In such a condition of things, courts of justice, with all their attendant judges, bailiffs and attorneys-at-law, would find their occupation gone.
Gold is relatively valuable for the general uses it can be made to subserve; so, too, and only so, are all other products.
Now, what we require is a measure of values of just as fixed and absolute a character as any of these.
How has it been possible thus long for leaders to control the masses, except that the masses have permitted others to act for them, and that without rendering any account for such action?