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26. To Mildred Loomis (May 21, 1949)

In your effort to classify me among the "ists", please catalogue me solely as a valunist. I do not concern myself with social ends, but with means. I believe that with a true monetary system, the individual can avoid what he dislikes and bring his full power to bear in the attainment of his aims. To identify myself with any cause other than monetary reform would hamper my efforts in my chosen work, as it would create the impression that the valun system is designed to attain particular ends, whereas a true monetary system is without bias and is but a tool for the attainment of aims, regardless of what these aims may be.

Social reformers are divided into many movements, and each has its pro and con. None of these issues can be resolved under the existing political monetary system, which frustrates the operation of economic democracy, a process that can operate only by means of a true monetary system. If one tenth of the energy expended in attaining ends could be consolidated upon realizing the means, the world's problems could be quickly solved.

 

 
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