Prabhupada's original, unrevised books. Beware
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by His Divine Grace A.C.
Bhaktivedanta Swami Prabhupada
Founder-Acharya of the
world-wide Hare Krishna Movement, Brahma Sampradaya Acharya
- June 2, 2006 - MIKE
Requiem for the Faith-based Greenback
The great dollar sell-off has begun in earnest, although to a
large extent it is being concealed from the public.
...Everyone from Bill Gates to Paul Volcker has predicted that the
current trade deficit of $800 billion (7% of GDP) is unsustainable and
would result in a weaker dollar. So it is only natural that China,
Japan and other foreign nations that normally load up on greenbacks
would begin to cut back on their purchases. The danger to the United
States, however, is extreme. If the transition is not carried out
skillfully, it could precipitate a run on the dollar and trigger
...As the world's reserve currency, the Federal Reserve can simply
print money which the rest of the world accepts as payment for goods
and resources. There's no better business on earth. As one admiring
currency-trader said, "It's like having a mint in your own backyard."
The system was put in place after the vast devastation of World War II
and has made the Federal Reserve the de-facto steward of the global
economic system. Nearly 70% of the reserves in foreign central banks
are either dollars or dollar-
denominated securities. This is as close to a monopoly as possible.
We are seeing the greatest fiat-money experiment in history. The
awesome power of the greenback extends to all markets, and yet, is
completely disconnected from the traditional means of measuring value,
like the gold standard.
...The greenback is now facing its greatest challenge due to its
massive acount imbalances, reckless mismangement and erosion in
confidence. The only way the dollar can slow its downward slide is by
maintaining its stranglehold on the oil trade. Currently oil is sold
exclusively in dollars, which allows the US to float trillions of
greenbacks through the system without fear of them being cashed in the
short term. Unfortunately, there's rebellion among the vassals. Iran
(5.4% daily world oil output), Venezuela (5.2% daily world oil output)
and Russia (15.3% daily world oil output) are all threatening to
abandon the dollar in their oil transactions, which would send hundreds
of billions of dollars back to the US and plunge the country headlong
into a deep recession. If this mutiny succeeds, the dollar will vanish
in a poof of black smoke.
Back to Top
from morning walk, conversation with disciples,
Johannesburg, October 16, 1975
does not depend on money
Krsna: Now the incentive in modern society to become
educated or to become engineer is money. What is the incentive in Vedic
Prabhupada: There is no need
of money. The brahmana teaches everything free of charge. There
is no question of money. Anyone can take education as a brahmana
or a kshatriya, as a vaishya. There is no... Vaishya
doesn't require any education. Kshatriyas require little. Brahmanas
require. But that is free. Just find out a brahmana guru and he
will give you free education. That's all. This is society. Now, as soon
as... At the present moment, as soon as one wants to be educated, he
requires money. But in the Vedic society there is no question of money.
Harikesa: So the incentive is
the happiness in society?
Prabhupada: Yes, that is...
Everyone is hankering after: "Where is happiness?" This will be the
happiness. When people will be peaceful, happy in their living
condition, that will bring happiness, not by imagining that "If I have
got a skyscraper building, I will be happy," and then jump over and
commit suicide. That is going on. He is thinking that "If I have a
skyscraper building, I will be happy," and when he is frustrated, he
jumps down. That is going on. This is happiness. That means all
rascals. They do not know what is happiness. Therefore everyone
requires guidance from Krishna. That is Krishna consciousness. Now you
were saying that there is high rate of suicide here?
Pusta Krsna: Yes.
Prabhupada: Why? This is the
country possessing gold mine, and why they are...? And you said that it
is difficult to become poor here.
Pusta Krsna: Yes. You have to
try hard to become poor man here.
Prabhupada: Yes. And still
there is suicide. Why? Every man is rich man, and why he is committing
suicide? Hm? Can you reply?
Devotee (1): They lack
Prabhupada: Yes. There is no
happiness. [pause] Nobody can remain lazy, because he will be hungry.
So how he will remain lazy? He'll have to go somewhere, begging food,
and he'll say, "First of all work. Then get your food." He'll work. So
there is no question of remaining lazy. Just like the hippies. They do
not work, but when they do not get food from anywhere, they go and
work. Is it not? So he will be obliged to work.
Pusta Krsna: That is the
Devotee (2): Some of them
steal. Instead of working, they steal their food.
Prabhupada: Yes. Steal...
When he is arrested, then he has to work in the prison. That's all.
Harikesa: Chopping rocks.
Prabhupada: Yes. Otherwise
whipping. In Bhagavad-gita it is recommended that instead
of keeping yourself lazy without working, better to steal. Better to
Pusta Krsna: How is that?
Prabhupada: Huh? That is
there. Stealing is bad work, bad work. It is also working, but bad
work. So Krishna recommends that instead of keeping yourself lazy,
better do bad work.
Harikesa: "Action is better
Prabhupada: Yes, yes. Yes.
Harikesa: A man cannot even
keep his own body in shape.
Prabhupada: Yes. So stealing
is still better than keeping oneself lazy.
Pusta Krsna: "It is better to
perform one's duty, even though it may be imperfect, than to perform
Prabhupada: Yes. Yes.
Harikesa: I've always
wondered... The food will be taken care of in a perfect varnashrama
society; government is taken care of...
Prabhupada: Government means
you, like rascal fools like you. So how you will take care?
Harikesa: When it is properly
Prabhupada: First of all you
see the government, what is government? Government means a pack of
rascals and fools. That's all. This is modern government. All these
thieves and rogues are voted to be government men. So how you expect
good government? It is not possible. "People's government." All people
are rascals. That means government rascal. People's government.
Harikesa: How would the other
necessities of life be taken care of, like medical things? If actually
they have no knowledge, and they have to require to build these
Prabhupada: The brahmanas,
the brahmanas will give you medical help.
Ayur-Veda. They will read Ayur-Veda. They will give help.
Harikesa: So the Ayur-Veda
possibly can work nowadays.
Prabhupada: Why not?
Harikesa: Some people were
telling me that the herbs had lost all their effectiveness in the
Prabhupada: Then die.
[laughter] Do you mean to say this modern medical treatment is
guarantee for your living?
Prabhupada: Then? That is
also not guarantee. If you see the herbs and plants are no more
effective, then if there is no guarantee in your modern medical, there
is no guarantee. So why should you spend so much money? As soon as I go
to a doctor, immediately twenty dollars. As soon as go to purchase some
drugs, immediately twenty. If I have no money... And still that is not
guarantee, so why shall I spend so much money?
instead of gold
So actually this money doesn't even exist in Vedic society—money?
Prabhupada: Money is not
required. You require things. Just like instead of money, you are
getting papers. Money means gold. Where is gold? You are cheated. Money
means gold. So instead of possessing gold, you are possessing some
paper, written there, "hundred dollars." And you are such a fool, you
are satisfied. You are being cheated. Bank's check and currency notes,
you keep it in your..., "Oh, here is my money." Is that money? Just see.
Devotee (3): They only do
that to make it easier for them, because they've got so much money that
they can't carry it...
Prabhupada: That's all right,
but actually it is not money. You are befooled. You are such a fool
that you accept a piece of paper as money. Therefore I say you are
rascal. That is my business. If I say "Government, give me gold," and
government has passed law, "No, you cannot possess gold," that means
cheating. How I shall keep gold, that is my business. First of all you
give me gold. It is due to me. But you are giving me paper. That means
cheating is begun from you.
Harikesa: How will the
government decide what my gold is and what his gold is? How does the
gold get distributed?
Prabhupada: Gold coins.
Formerly there was gold coins. We have seen in our childhood gold
coins, silver coins. There was no paper.
Harikesa: But you have to do
something to get it.
Prabhupada: Yes. I will have
to do something. That is another thing. But why you are cheating me?
Instead of gold, you are giving me paper. Formerly... You have seen in
Krishna book that one fruit man came, and Krishna was taking some
grain. It was falling down. So that was the... A fruit man come, and
you give him a packet of grain. Then whatever exchange is possible, the
fruit man gives you fruit. That's all.
Pusta Krsna: That is called
Prabhupada: Bartering. So
there is no need of money. Similarly, you go to another shop. You get.
So you produce your food, and in exchange, in barter, you get all
things, other things. Somebody is producing something, somebody is
producing something. But it can be done. Suppose I am a blacksmith. You
want some work from me. So you say that "I'll make this instrument for
me." So I say, "You give me one kg paddy." So you give me one kg, I
prepare you, so your necessity is fulfilled. Now I have got so much
paddy. Now, I may go to purchase something else because I am
blacksmith, so grains will be used for my eating, and for, say for
ghee, I take the same grain somewhere. So where is the money need of?
Harikesa: It's very difficult
to cheat in that system. It's very difficult to cheat.
Harikesa: In a system of
bartering it's very hard to cheat.
Prabhupada: Yes. There is no
cheating. Everyone is simply simple, honest. And here the government
begins cheating. He is engaging you to hard work day and night and
paying you a piece of paper, where it is written "one hundred dollars."
That's all. This is your society, cheating and cheater. That's all.
Harikesa: People have a hard
time understanding that point, because with a hundred dollar note you
can buy things.
Prabhupada: Therefore I say
you are all rascals. You do not know. If I say, the government may
arrest me that I am infusing people in a different way. But that is the
Harikesa: So a government's
duty would be to abolish this false standard of money, and then
Prabhupada: Yes. Government's
only duty is that government gives me land and I pay tax: "Whatever I
produce, take one fourth." Finish. All taxes. If I don't produce, there
is no tax. That's all. That is the business between the government and
the public. That's all.
Harikesa: If the public are
giving like one quarter of a perishable item, what does the government
do with that? Let's say they were growing some vegetables, so they give
one quarter of that to the government. What would the government do
with that? They've got so many tons of vegetables.
Harikesa: And everybody is
taken care of, because they are growing it.
Prabhupada: After all,
vegetable will be eaten by somebody. So let government distribute
there. Vegetable, grains, fruits, milk, ghee, yogurt, natural
produce—they will be used by somebody. The government may store and
distribute, those who are in need. That's all.
Pusta Krsna: Maybe somebody
is only producing gold or gold plates, or somebody is producing
something that isn't food. So he would give that to the government.
Prabhupada: Well, gold
plates, that is not a necessary thing. He can eat on plantain leaf,
natural production. That is luxury. So when people live simple life,
the luxuries will no more be required.
Pusta Krsna: Let's say the
government is building some wells or some roads. They could feed the
people who are doing that, shudras who are doing that.
Prabhupada: Yes. shudras,
dig this well and take your food." That's all. Work will go on. At the
present moment I require one scissor. I can go to the blacksmith and
pay him some grain. He will give me. Now they are producing, Krupp
Company in Germany, millions of razor, millions of scissors. Now they
will have to find market, where to sell. And as soon as goes to sell in
India, the British government—"No, no. You cannot sell." Then he
becomes angry: "Oh, all right." He declares war.
Pusta Krsna: So complex.
Prabhupada: Yes. This is
going on. "These Britishers do not allow me to go there? All right,
kill them." That was the Hitler policy and Kaiser's policy, to kill
British empire. They did it. They were successful. But they were also
killed. This is going on, unnecessary. Why you produce so much razor
and scissor? And then find out market, and when there is competition,
there is anger, there is enviousness, there is fight, one after
another, one after another. Where is peace? Why do you produce so many
unnecessarily? Why do you produce so many cars, when there is scarcity
of power, and fight with Arabians? Anartha. Therefore it is
called anartha, unnecessary.
Anarthopasamam sakshad bhakti-yogam adhokshaje [Srimad-Bhagavatam
1.7.6]. As soon as people will be devotee, they will not require
unnecessary things. They will be satisfied, simply bare necessities of
life. That is peaceful condition. You create unnecessary needs of life,
and then there is competition, there is hellish life, the factory, and
then the factory man requires wine to forget his hard labor, so on, so
on. Then he becomes thief. He becomes rogue. This is your society. How
you can expect peace?
Pusta Krsna: The only
solution is Krishna consciousness.
Prabhupada: That's it, only
Harikesa: It also seems like
the only government that would work would be the Vedic government. Varnashrama-dharma
is the only thing that will work.
Prabhupada: Yes. Krishna
conscious government means Vedic government.
Pusta Krsna: We have
histories that for millions of years such governments were working
successfully. Now, for a few thousand years, they squabble, this type
of government, that type of government.
Prabhupada: Yes. No, first of
all, the government is cheating. He is giving me paper in the name of
money, and forcing me to accept it.
Harikesa: That seems to be
the root cause of...
Prabhupada: Yes. Government
is taking labor from you. You ask, "If you pay me three hundred
dollars, then I shall work." "All right, I shall give you. Work." Then
what is that three hundred? I print and pay you, and you rascal, you
accept it, three hundred dollars. What is that three hundred dollars
for government? Printing press. And you are so rascal, "Yes, I have got
now three hundred dollars." This is going on. This is artificial
inflation. Why there is inflation? Now you have got three hundred
dollars without any hard labor. And when you go to purchase—I haven't
got three hundred dollars; you have got—"All right, I shall pay this
price." So price is increased because the seller will see: "Who pays me
large price?" So you have got unnecessary money. You offer him large
price. So I am poor man; I could not purchase. This is going on.
Harikesa: There was once a
few plots exposed, how some governments were ruined because foreign
governments were printing up money just like their money, and shipping
Prabhupada: Yes. Yes. I have
seen it. I have seen it during last wartime. One Chinese man was coming
to one of my friends, my business friend. So he would give, immediately
coming, a bunch of notes, maybe ten thousand.
Pusta Krsna: Indian notes?
Prabhupada: Yes. And a list
of goods. He was his purchasing agent. So that bunch of notes was
printed in China. You see? And he brings it and gives to a merchant
here, and he gives him real goods, and he takes it out. This is
Devotee (2): Could he spend
Prabhupada: Yes. I print ten
thousand dollars' worth currency note, and I give you, and I take you,
actual goods from you, anywhere.
Harikesa: The government is
doing that all the time. They take contracts from people.
Prabhupada: Yes. That is
going on. Therefore price is increasing daily. Formerly British
government, in the beginning, to prove their honesty, as soon as you go
to the currency for changing, they will offer you, "You want coins or
paper currency?" So if you think that paper currency will be
convenient, you can take. Otherwise, if you want coins, they will pay
Pusta Krsna: Gold coins.
Prabhupada: Yes, gold,
silver, whatever you want. That was the... Now this is stopped. You can
not ask now gold coins and silver coins. Whatever government will give
you, you have to accept. Where is honesty?
Devotee (2): Srila
Prabhupada, in South Africa they have a coin called the Krugerrand. And
one rand is worth one hundred cents, one rand of paper money. But one
rand gold is worth about seventy-eight rand.
Prabhupada: Just see.
Devotee (1): It's constantly
going up and down, the price. Hundred and eight.
Pusta Krsna: Here is the car,
Harikesa: So until the top
man is Krishna conscious, this cheating will basically continue.
Prabhupada: Who is the top
man? Everyone is top man. Instead of one king, now you have got one
hundred kings. The minister, the secretaries, the under-secretaries,
the deputy minister, and so on, so on, so on. So there was only one
unfortunate king. Now you have got three dozen kings, and you have to
maintain them like kings. This is going on.
Harikesa: They can pay them
with their phony money.
Prabhupada: And they are
seeking this post because they know that without doing anything, money
will come. That's all. And as soon as you approach some minister, he
will ask you, "All right, give me an application." And after six
months' reminding, he will say, "No, it is not possible."
Pusta Krsna: Yes. Because so
many people have to apply for any one post. That's a fact. Then he will
put his son there.
Prabhupada: All rogues and
Harikesa: So actually it is
not possible to change the...
Prabhupada: Change—if they
become Krishna conscious.
Harikesa: But the system
itself is defective. How can...
Prabhupada: No, the defective
will be correct when you become Krishna conscious. Just like in your
past life you had so many defects. Now it is corrected. That is
Harikesa: Let's say somebody
is a minister...
Harikesa: ...but his
occupation is cheating.
Prabhupada: That's all right.
Let him become Krishna conscious. He will stop this cheating business.
Harikesa: But he has to stop.
Pusta Krsna: Yes. Rajarishi
Prabhupada: Yes. He has to
stop. It will be stopped as soon as he becomes a devotee.
Harikesa: So then gradually
it will become the varnashrama, with the one central head.
Harikesa: So we don't try to
make a revolutionary system.
Prabhupada: This is
Harikesa: We try to just make
them Krishna conscious, then it's automatic revolution.
Prabhupada: Yes. Peaceful
revolution. Other revolution will not stand. [break]
Harikesa: Your method is also
the perfect method, the books in the colleges and libraries, educated
people and... Wonderful. Actually, you have set everything up to do
Prabhupada: Yes. Everything
is spoken by Krishna. I am simply putting them for modern man's
understanding. That's all.
Prabhupada: Because they
cannot understand, they think, "Dogmatic." It is not dogmatic. Most
Pusta Krsna: But they're all
dull-brained. Satisfied with a few scraps, work like dogs.
Prabhupada: The kshatriyas
have to manage, and the vaishyas will produce, and brahmana
will give the brain. Then the society will be peace... And at the
present moment these shudras, they are, by artificial votes,
they are becoming the brain of the society. How it can be happy? The
rascals, they are voted to the legislative assembly, and they are
passing every day law which is never perfect. This is going on.
Pusta Krsna: Stopgap measures.
Pusta Krsna: They create
problem, then they try to solve it.
Prabhupada: That's it.