Show I 1 CI R BUSIA ESS SE ra 1 mins if in judgment Is no better thin his ills information DO IOU 1001 ABOUT money and inflation how mill it affect IOU OV 1 money itself has no value 2 the only things that have value are goods commodities and services rendered by someone 3 so that we can exchange our services or the goods we make tor for something we want to do that we use a medium ot of exchange which we call money 4 the wealth ot of the nation Is not money wealth Is the real things which its citizens own such as homes factories railroads farm products tools and machinery raw materials act all of which are corn com posed of materials and labor 5 the only way to create wealth is to produce more and more of ev grything ery thing mone is not wealth do not forget tills this 6 but money represents wealth because it was paid to us in exchange tor for our goods or ser vices and if we decide not to use it at once to get other goods or ser vices we should be able to lay it away and make use of it later on when we do need something 7 thrifty people have always laid away their surplus money to pro their old age or their families after death 8 if savings wink bink dep deposits oits bonds life isaur ance are to serve sene their purpose it is ne cesari that the medium of ex ellinge ch inge or the dollar shall hie the s sinie buying buling power nhen hii come to apen I 1 it a as it had alien put it away for site wife keel keei ing 9 to effect a stable currency the U S congress adopted gold as the stand rd medium of exchange and set the coinage price of it at 20 67 ct a fine ounce 10 when the government by a presidential edict recently devalued the gold delair by 40 per cent it it ant in plain language that ev deiy man woman and child who pos hessed accumulated wealth was at one stroke robbed by the government of 40 per cent of their eions this because their money now has only 60 per cent of the buying or exchange value it had be fore that act 11 breaking down the purchasing power of our money is called intia tion inflation runs wild then the buying power of currency ap pro preaches aches the vanishing point 12 our government has already taken the first fatal step and is now being pressed by the socialist and the communist to take the next 13 complete inflation means the loss of our bank accounts the loss of our insurance your insurance the mortgage you own the present buying power of your wages 14 wealthy people can do more to save vese against intia tion than can ot others hers it Is you the average man who suffers most this forces the small man to look to government tor for relief 15 this la Is why dictatorships first move to pauperize the people by stealing their accumulated wealth through devaluing currency then in their pauperized condition used to governmental relief they are easily controlled by the one who as the dictatorship look at germany russia italy for examples of what the first and final step in depreciation of curren cy has brought |