International Finance
Sir, —The cable news from Washington today would indicate that the world’s bankers are in a repentant mood and ready to reform the monetary system. Modern money is a distributive system, and as such it has been very successful in distributing much of the surplus product of industry to both sides in the ideological argument as to the best form of government, and both sides seem to be mutually agreed in avoiding the
receiving end. In the opinion of a growing majority of people, it is the policy of the money system which needs reform. If the money which brought into existence the vast quantities of war material so freely given away to the unwilling recipients were to be given away to the starving millions, the fillip to legitimate trade would channel production into lines useful for human consumption.— Yours, etc., W. B. BRAY. Leeston, September 27,1966.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19660929.2.108.8
Bibliographic details
Press, Volume CVI, Issue 31177, 29 September 1966, Page 12
Word Count
149International Finance Press, Volume CVI, Issue 31177, 29 September 1966, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.