this story to a friend Printer
Yes. The sinful activities have increased because the world has
produced too much wealth. Because they can purchase sinful activities.
And that is being increased by inflation. False money I have got, and
with that false money I can purchase all this illicit sex, wine,
intoxication, and... It is just like nowadays, bank is giving you a
card, Americard... What is that?
Charge card. Bank Americard.
Ah. So you simply show the card, you get the goods. So to exchange, it
has become very cheap. So cheaply you can purchase. Therefore cheaply
you can purchase sinful things also. The people are becoming sinful.
The modern economy is, "Engage people in hard working to produce, and
by artificial cheating, secure the goods, commodities." This is modern
economy. So a worker is getting three thousand dollars per month, but
he is getting paper. But he is thinking that "I am getting money." He
is giving his labor, and things are being produced. This is the policy.
"Cheat him. Without giving money, give him paper, and get his labor,
and produce goods." This is modern economy. Is it not? A laborer, a
worker, is given high salary, high wages. So what he is getting? It is
paper. And he is very enthusiastic to give his labor. So production is
more. And when you go to purchase the products, then you have to pay
again. Whatever you have earned, you have to pay everything, pay to the
bank or pay to the man. Simply cheating process is going on. There is
no solution. People are cheaters. They have been taught how to cheat.
Everyone has got a cheating propensity. That is conditioned life. Four
defects: to commit mistake, to become illusioned, to cheat and
imperfectness of the senses. So cheating propensity everyone has got.
So that cheating propensity is being encouraged more and more. Instead
of minimizing it or stop it, it is being encouraged.
So unless they become Krishna conscious, then there is no solution.
No. Harav abhaktasya kuto mahad-gunah. There cannot be
any good quality in human society unless accepts Krishna consciousness.
This is the... This dog is thinking that we may not cheat him, from the
back we may not attack him. Just see. Therefore he is stopping.
He doesn't know that you are the ever well-wisher, Prabhupada.
So you are going to carry the message to the government?
Yes. Srila Prabhupada. We're working on a...
They issue metal coin and the problem will be solved. But they will not
take your advice.
This is part of our platform. To even run for political office, we need
solutions to the problems to offer as a platform. We will draw up
various bills, ready for legislation, show them that we are serious.
So how you'll present it? The cheating process is going on. Unless you
become God conscious, the cheating process will not stop. So there is
So therefore we introduce bill into the schools to introduce God
consciousness to all the children there.
Yes. God consciousness. Then everyone will be honest, and everything
will be adjusted. Everyone can understand this is pure cheating. I give
you a hundred dollars, a piece of paper. That's all. And you accept it.
You want to be cheated. You thought, that "I have got now daily,
hundred dollars. So let me work very hard." He does not consider that
"I am not getting a hundred dollars. I am getting a piece of paper." So
people have no brain to understand even. "This is not hundred dollars.
Give me cash, hundred dollars." Then everything, solution will be...
There will be no inflation. Because I know that paying you a piece of
paper, I can cheat you, therefore I am printing notes, to cheat so many
people. Therefore inflation. But when there will be no possibility to
cheat you, then there will be no inflation. Here I have got the
opportunity, because I know that pushing forward a piece of paper, I
can cheat so many people. So there must be inflation. Is it not? This
is not psychological? If I know that I can cheat you by this
instrument, so why shall I not increase that? That is inflation. What
do you think, Karandhara?
That's the basic principle, yes.
Yes. I am cheating you, and people accepting my cheating.
The governments actually started the whole thing. They instituted paper
money and they instituted it because it is a cheating process. But
everyone is participating. So it is just going on and on. That is the
real cause of inflation.
Yes. That's it. They are getting encouragement in their cheating
They won't let you have any gold.
Now they have made law that you cannot store gold?
That's been since 1933.
Americans cannot own gold, store gold. Pretty soon they are going to
pass the same law for silver.
Just see. Even they cannot have ornaments.
Well, you can have ornaments, jewelry.
So by law they are cheating. So how you can stop?
Now they have introduced a law that even the penny, which is the
smallest denomination, it used to be made out of copper, so now they
are going to make it out of aluminium, because copper is too expensive.
It will be worth less than a penny when it is made out of aluminium.
Why not cement? [laughter] Because by law everything will be
acceptable. Make it cement.
Srila Prabhupada, what can we do to curb down these rascals?
Chant Hare Krishna.
That will curb them down.
Yes. They will be purified. The more you chant Hare Krishna, they will
be purified. This is... All problems are there on account of
misunderstanding. What we are distributing? We are simply moving
misunderstanding and bringing them to knowledge. This is our
propaganda. So Mr. Theologician, is this suggestion appealing to you?
It seems all right for ordinary dealings, Srila Prabhupada, having this
money, what's going on, but for large scale transactions it might be
And as the practical basis, transactions of thousands and thousands of
dollars, would be...
That will be good for the people. Because large scale transaction is
there, therefore the capitalists hoarding. Capitalists hoarding. Goods
are there, everything is there. You pay black price, you get it. Then,
when somebody's hoarding, he is not giving to the market. So if the
large scale industry and trade becomes stopped, that is good for people.
Does that mean the same amount of gold is here?
No, larger scale... Suppose if you want to store, say, thousand kilos
or a thousand bags of rice, so you have to pay me gold. But you have no
such gold. Therefore large scale industry will be stopped. Just see.
Then the price of rice would go very low.
Yes. Then you get actual price and actual value. Goods are there, any
part of the world you..., there is enough commodity. But these rascals,
they are hoarding, and they are not giving in right time. So people are
Yes. There's a... They buy now. They buy the goods before they are even
grown, from the commodity market.
Yes, because they can pay in this paper, the bank will advance. So as
soon as you... You have to introduce this metal coins, value. The whole
cheating scheme will fail.
In the past there was a lot of gold on the planet. What has happened to
it? There used to be a lot of gold on the planet?
Yes. They used as utensil, as household pots. Just like now you are
advanced, using plastic, because you have become very advanced. So you
are using plastic. They were using gold.
So what has happened to that gold?
What happened? If you keep utensil at home, what happens? You eat
nicely on the plate. That's all. Why you are concerned, what happening?
It is in your store. That's all. And gold is such a metal, any part of
the country, any part of the world you go, you get immediately value.
Yes. Whenever there is an economic depression, then gold remains
valuable. Just like when the stock market crashed in 1929, if you had
gold you could still purchase goods. No matter how bad the economy was,
people would accept gold as barter, but not currency.
Yes. Indian economy was that if you have got extra money, you get gold
ornament for your wife. So then your money is stocked there. Or
purchase some utensils, silver utensils. That was Indian economy. This
depositing in the bank and thinking that I am getting good interest,
that is another cheating. It is another cheating. If things are not
available, what will you get by getting interest? Therefore I am
advising that purchase land and produce our own food. There will be no
The inflation rate is higher than the interest rate. If you earn 5-3/4
% interest in a year, the inflation has gone up 6% in a year. So
actually your money, at best it's kept the same.
The money is to be kept in cattle and grains. That is Indian economy,
cattle and grains. If you have got many cows, you get milk. Milk
preparation. And if you have got grain, then where is your problem? You
prepare your foodstuff at home and eat and chant Hare Krishna. Where is
your problem? You want to eat and live peacefully. So if you have got
grains and milk, you have got enough food and there is no problem. You
haven't got to go fifty miles for your work, and then you require a tin
car. So many problems. But if you get your food at home, then eat them
and chant Hare Krishna and go back to home, back to Godhead. Simple