Natural Money: The Peaceful Solution (1912)

""Natural Money: The Peaceful Solution"" is a book written by John Raymond Cummings and originally published in 1912. The book advocates for a monetary system based on natural resources rather than gold or paper currency. Cummings argues that such a system would be more stable and equitable, as the value of natural resources is inherent and not subject to the fluctuations of the market. The author also discusses the problems with the current monetary system, including inflation, debt, and economic inequality. He proposes a system where the government would issue currency based on the value of natural resources, such as land, timber, and minerals, and that this currency would be backed by those resources. Cummings believes that such a system would lead to greater economic stability and social justice. The book is a fascinating exploration of monetary theory and offers a unique perspective on the role of money in society.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.