It may be redeemed by using the same gold coin over and over again, as it is again and again received and paid; but just here is the difficulty; for ten dollars of currency in reality have to be redeemed by the one gold dollar.
Victoria C. Woodhull: “It may be redeemed by using the same gold coin over and over again, as it is again and again received and paid; but just…”
Editor's note · Context
She points out the difficulty in redeeming currency with gold, illustrating the flawed nature of the current financial system.
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