Gold Standard & Work Standard

The gold standard is called to disappear, the work standard must replace the gold standard, the currency must represent hours of work.

If we want the gold standard to disappear, we need to totally industrialize.

While underdeveloped countries do not develop they will be slaves of the gold standard. Total industrialization turns an underdeveloped country into a developed country.

The underdeveloped countries are forced to buy everything they need from the developed countries and can only pay with the gold standard.

The United States of America is a developed country and Latin America is constituted of underdeveloped countries.

Latin American merchants have to buy merchandise from the United States, and pay it in the gold standard.

The United States does not accept the equality of currency and requires payment in dollars or its equivalent to Dollars, as if the entire Latin American territory were the United States.

When the national currency of any Latin American country is very low in relation to the dollar, it is clear that the purchase of merchandise from the United States is very expensive.

The merchant importers sell at a high price because they buy at a high price, and the small merchants buy at a high price and also sell at a high price.

The consumers suffer the bad consequences of all this and have to suffer a lot to buy the things they need.

The merchants cannot sell cheaply because they buy at a high price, they have to pay with the gold standard, with dollars.

The United States cannot be paid with currency that represents hours of work because the United States only sells at the gold standard price.

Latin American countries do not produce automobiles, airplanes, radios, agricultural machinery, etc.., etc., etc., and in these conditions they are compelled to buy merchandise from the United States.

They can buy from other countries but the world is governed by the gold standard and the problem is always the same.

The underdeveloped countries are slaves of the gold standard and will only stop being slaves when they develop.

Only with total industrialization does any country develop.

When a country does not need to buy anything abroad, it can afford to replace the gold standard with the work standard.

When all Latin American countries are fully developed, they will be able to negotiate with each other on the basis of the work standard.

It is impossible to make living cheaper while we are slaves of the gold standard. Food should be cheap, but since transport is expensive food is expensive.

Cars have to be bought abroad and they cost a lot, drivers have to pay for the trucks and the the cost, but the payment comes from those who use their service of transportation.

Those who transport food sell it at a high price to pay for the transportation and therefore food is expensive.

The basis of any shortage of food, merchandise, machinery, cars, etc., is the gold standard. When the currency represents working hours, life will be cheap and hunger will be finished. When the work standard replaces the gold standard we will be truly free.

The large air, sea and land transportation companies owned by the large North American companies sell passage in their US national currency as if Chile, or Argentina, Venezuela, etc.., were part of the United States.

There is no compassion or consideration for anyone; we have to pay the equivalent in dollars even when the currency is very low in relation to the dollar.

There are relatively few inhabitants of Latin American countries who can afford to travel to Europe or visit Uncle Sam (the United States).

The gold standard has humanity mired in poverty and the only way to get rid of this standard has a name: Industrialization.

We need the total industrialization of the countryside and the city, of the town and of the village. When a country can produce everything it consumes, it is truly free.

It is useless to try to liberate ourselves with revolutions of blood and liquor. Only through the blaze of intelligence can freedom be achieved.

It is stupid to take up arms against the United States; we need to buy from the United States and some other powers what we need, because we are still not able to produce what we consume.

It is useless to protest if we are not able to produce planes, ships, cars, raw materials of all kinds, agricultural machines, etc.., etc., etc.

When Latin American countries develop then Uncle Sam will have to treat us as equals, on equal terms.

Unfortunately, many Latin American countries have signed a lot of compromising treaties with the United States.

Some countries have signed treaties which commited them not to manufacture machinery, aircraft, ships, etc.., etc., etc.

Freedom is very expensive and if the Latin American countries really want to be free, they need to have the courage to break all those compromising treaties.

From time to time a heroic and freedom-loving statesman appears in Latin America.

The Yankee merchants always try to bribe such statesmen, and when they do not succeed then they usually finance large secret conspiracies to assassinate or overthrow them.

The ego of greed spares no means, however perverse they may be, to achieve its ends; Greed leads to murder and often to revolutions of blood and liquor.

It is necessary for peoples to understand the need for national industrialization, everything that obstructs the path of industrialization, obstructs the path of freedom.

If in the past we gave blood for freedom, now we must be willing to seal that freedom with the seal of perfect understanding.

It is not about taking up arms against the United States because that is foolish, the important thing is only to break courageously with those treaties that hinder free industrialization.

In Latin America there are millions of industrious men and great geniuses capable of making marvellous inventions, it is necessary to break all the treaties that impede the free industrialization of the peoples.

It is indispensable to free ourselves from the gold standard and establish the work standard, this is only possible through total industrialization.

Samael Aun Weor

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