Page 269 - THE PATH
P. 269

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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