| 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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