Page 269 - THE PATH
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In that case, the value of gold would keep its value from
1998. In mathematical terms, if you had $150,000 in 1998,
when a kilo of gold was worth $15,000, you could then buy
ten kilos of gold, or 100,000 coffees.
In 2015, it would be like this: 10 kilos of gold are worth
$200,000. If you divide this amount of money by 3.5, you
get about 58,000 coffees. So you have lost 42% of your
money.
What if 100,000 tons of gold was mined in the period
between 1998 and 2015? The supply would exceed the
demand. In that case, the stock market value of gold
would drop and the number of coffees would decrease.
This is true today when savings and invested labour lose
their value. It means that hardworking people around the
world have no secured future in their old age. Who is the
one who steals from the world population in such a
cunning and sophisticated way?
Dialectical realism will have to find a solution that will not
devaluate invested labour. The solution will be sought for
in the reorganized United Nations that will change today’s
negative system and develop social relations through
collective planning.
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