"Gold is a relic of Julius Caesar, and interest is an invention of Satan."
If our nation can issue a dollar bond, it can issue a dollar bill. ... It is absurd to say that our country can issue $30,000,00 in bonds and not $30,000,000 in currency. Both are promises to pay, but one fattens the usurer, and the other helps the people. ... It is a terrible situation when the Government, to increase the national wealth, must go into debt and submit to ruinous interest charges at the hands of men who control the fictitious values of gold.
—New York Times, December 5, 1921[76]
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Originally shared by VAL-U-PRO CONSULTING GROUP, LLC - SRIKANTH KIDAMBI
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#WhoseQuoteIsItAnyway #Edison
#Edison known for establishing modern industrial lab, and for his extensive inventions passed away on this day in 1931 #OTD - October 18, 1931
This quote is contextual, and time-dependent. Edison was averse to either debt based interest economy or using gold as a primary mode of exchange, and that is caught in this terse quote.
Satan and Julius Caesar is being mentioned to get the message imprinted in the minds with relatable references.
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