What is Money For?

"When the (total) nation hasn't or cannot obtain enough food for its people, that nation is poor.

When enough food exists and people cannot get it by honest labour, the state is rotten, and no effort of language will say how rotten it is.

But for a banker or professor to tell you that the country cannot do this, that or the other because it lacks money is as black and foetid a lie, as grovelling and imbecile, as it would be to say it cannot build roads because it has no kilometres."

Ezra Pound

Here is the complete essay.


TS