Working in voluntary co-operation, it is physically possible for individuals in all Western countries to provide themselves with all the requirements of a civilized life with reasonable hours of work. The only reason why the indivi- dual cannot obtain satisfaction is because of financial rules which are deliberately maintained to ensure that the individual cannot obtain satisfaction. Anyone who suggests that rising prices can be halted by coercing individuals into working harder, producing more (rockets for the moon), and consuming less, is either wilfully evil or has been so brain-washed that he cannot see reality.
Inflation is the major problem in every industrial country in the world. Until financial rules are altered to reflect economic facts, the only alternative to inflation is deflation. But both deflation and inflation are disastrous and help further the break-up of society and the establishment of dictatorship. The real answer to inflation is relatively simple. But many people would rather accept the drive towards the World State rather than face this fact.
"The New Times", Oct. 18, 1957