Show FREAK IDEAS everybody has a plan it seems to end the depression the latt latest and what seems to us the most foolish is a proposed system whereby the government would issue new money every six ni months which would hold its face value for six months and then would depreciate 2 per cent making the dollar worth only 98 cents the author professes to believe that people would make every effort to turn loose of money before the depreciation dates ans and thus increase the circulation of money As the booklet which explains the plan costs 35 cents per copy three for a dollar we suspect another motive for advocating the plan now suppose you had a grocery store and the date app approached roache d whereby the dollar would depreciate 2 per cerl cent if you are arc a normal and intelligent tell igent being you would probably increase the price of your goods 2 per cent or else close up shop and go fishing so is as to avoid being swamped with money which abich other people wished to get rid of or perhaps if the increased seemed to justify the loss those who could profit by amassing depreciated nion mon ey would have all the i money lioney by t the he depreciation date and could so dictate to the poor fools who had bad gotten boiten rid of their medium of exchange just to 11 void avoid tile the depreciation what a beautiful set up for those who c could gain control of most of the money of a community they could probably be able to lend it right back to the former possessors rf of it for about ten per cent interest anyway no matter how much the money depreciated everyone would still have proportionally as much purchasing value as his unless that neighbor was wise wige enough to amass all he be could of it aust before the depreciation date we are sorry so many people seem to fall for this sort of bunk while we are talking of stimulating in the circulation of money it seems to us that it would be a good idea to provide each and everyone who will work with a steady job at good wages I 1 have never seen a man mail who had bad a good job and the assur as surnce nee that his employment would continue who did not readily turn loose of his morey money when a man is uncertain of his job and is thus afraid his income may cease he is bound to lay by a reserve supply if he is a good financial manager now if someone will d devise avise a plan to put everybody to work at good wages wage we will not med m ed to worry about the rapid circulation of money |