CURRENCY SCHEME
.■• A-i plan fpr > a ;'"dynamic currency system,;, effectually A/and perpetually acuated'.by'deniand/'Vivas.i submitted by Mr. H^Hj':Eobert9 to tp#arlianientary Monetary after■noon. ■"■'■.. VvW^!?'■';•-•■■ :■:■'■•.'.■
Mr. Roberts; :said that it f seemed to him. illogical,, that with.a 'scarcity of the■•medium of exchange't)iiVe' should be ;a; strong •'iiiducement';.1.. to ..'prevent it circulating;: -,It- v seemed'.-:..t6 -him wrong that some people], .should\:have to borrow at interest,from others, and it appeared1 to/him that this Was largely owing to':the;fadtthat,!feapital could be augmented1 bytiisury. out of all proportion^ to. ithe; personal efEort of the usurer^lf money1 couldVbe kept always in circulation arid, never hoarded, borrowing; would\beYuiinecessa^ and usury jbviated. : .The scheme. he proposed [would be contralled-by.. the State,
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https://paperspast.natlib.govt.nz/newspapers/EP19340228.2.163
Bibliographic details
Evening Post, Volume CXVII, Issue 50, 28 February 1934, Page 15
Word Count
110CURRENCY SCHEME Evening Post, Volume CXVII, Issue 50, 28 February 1934, Page 15
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