View source for If I have got power to print paper and distribute it as money, you are dissatisfied, getting hundred rupees, you want two hundred, so what is to me? I print and give you. This is artificial inflation

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[[Category:If You Have Got]]
[[Category:Power To...]]
[[Category:Printing Money]]
[[Category:Paper Money]]
[[Category:Distributing Money]]
[[Category:You Are]]
[[Category:Dissatisfaction]]
[[Category:Getting Money]]
[[Category:Hundred]]
[[Category:Rupees]]
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[[Category:Two Hundred]]
[[Category:What Is]]
[[Category:Money Inflation]]
[[Category:Giving Money]]
[[Category:This Is]]
[[Category:Artificial]]
[[Category:Inflation]]
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<div id="Conversations_and_Morning_Walks" class="section" sec_index="5" parent="compilation" text="Conversations and Morning Walks"><h2>Conversations and Morning Walks</h2>
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<div id="1977_Conversations_and_Morning_Walks" class="sub_section" sec_index="10" parent="Conversations_and_Morning_Walks" text="1977 Conversations and Morning Walks"><h3>1977 Conversations and Morning Walks</h3>
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<div id="RoomConversationwithRatanSinghRajdaMPNationalismandCheatingApril151977Bombay_0" class="quote" parent="1977_Conversations_and_Morning_Walks" book="Con" index="138" link="Room Conversation with Ratan Singh Rajda M.P. 'Nationalism and Cheating' -- April 15, 1977, Bombay" link_text="Room Conversation with Ratan Singh Rajda M.P. 'Nationalism and Cheating' -- April 15, 1977, Bombay">
<div class="heading">If I have got power to print paper and distribute it as money, you are dissatisfied, getting hundred rupees, you want two hundred, so what is to me? I print and give you. This is artificial inflation.
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<span class="link">[[Vanisource:Room Conversation with Ratan Singh Rajda M.P. 'Nationalism and Cheating' -- April 15, 1977, Bombay|Room Conversation with Ratan Singh Rajda M.P. 'Nationalism and Cheating' -- April 15, 1977, Bombay]]: </span><div class="text"><p style="display: inline;"></p><p style="display: inline;"></p>
<p>Prabhupāda: Then poverty... And "Drive away poverty. Give them more money." More money means cheating. You are employing; I am employed. Begins from government. More money and printing, they are coming. If I have got power to print paper and distribute it as money, you are dissatisfied, getting hundred rupees, you want two hundred, so what is to me? I print and give you. This is artificial inflation.</p>
<p>Tamāla Kṛṣṇa: More money means printing more bills.</p>
<p>Prabhupāda: Yes.</p>
<p>Tamāla Kṛṣṇa: Yeah, but you haven't increased the...</p>
<p>Prabhupāda: And your enemy country, they're actually happy. They print exactly money like this. They come and purchase goods and give you fortune, anybody. I know. Then what is the difficulty? Suppose this American dollar, is it very difficult to print? So the Chinese, they are America's enemy, they can print, bring millions of dollars and purchase from your country and export to his country and give you some paper. You are... What you can do?</p>
<p>Tamāla Kṛṣṇa: Well, we can only hope that we'll catch them. We hope that we'll catch them.</p>
<p>Prabhupāda: That is another thing, "when we catch." Who will catch? "Bell the cat." It is going on. I know. During wartime, one Chinese man was coming from China, and one business friend, he was appointed his purchasing agent. He was giving a list of goods to purchase. And this man, whatever money he'll charge, he'll immediately-Indian currency. He'll not say, "Why so much price?" No. Then he will pack up the goods and through some channel he'll dispatch it. That is also through our way, not in the... The China is in on the border. There also, if you pay money, smuggler's rate... They try to do.</p>
<p>Tamāla Kṛṣṇa: That seems to be a big issue now, these smugglers. I notice in the newspapers every day.</p>
<p>Prabhupāda: The smugglers get with money, printed money. Who can check it?</p>
<p>Tamāla Kṛṣṇa: So printed money should have gold behind it.</p>
<p>Prabhupāda: Yes, that is the theory. What is the rate of economy?</p>
<p>Tamāla Kṛṣṇa: What is the idea...</p>
<p>Prabhupāda: That is called...</p>
<p>Tamāla Kṛṣṇa: Gold standard.</p>
<p>Prabhupāda: Not gold standard, but there is a technical name. That means if you print notes, currency note, immediately you have to keep stock of gold in the reserve bank. Reserve. Therefore it is called...</p>
<p>Tamāla Kṛṣṇa: The gold reserves.</p>
<p>Prabhupāda: Gold reserve. Gold reserve, yes. At least forty percent.</p>
<p>Tamāla Kṛṣṇa: What's the idea behind that?</p>
<p>Prabhupāda: What is that? The idea is cheating. The cheating business begins from the government. And why people will not learn to cheat? This is cheating. I am giving you one paper, one hundred rupees, dollars, and you are happy: "I have got so many ..." I am giving you check, ten thousand dollars. You got ten thousand dollars. Now I give you a paper. But it is going on. We have made machinery in such a way that it will go on in hundred rupees or ten thousand rupees. Just like this fixed deposit. I am giving actual money; they are giving a receipt. And it will increase. What increase? The same paper. And gradually inflation is going on. They'll pay at the inflation rate.</p>
<p>Tamāla Kṛṣṇa: Well, they say they're paying at the investment rate.</p>
<p>Prabhupāda: That is, mean, their plea. Really, today... Just like in our childhood my father had three hundred rupees, and that three hundred rupees is now ten thousand. So if my father would have deposited three hundred rupees at that time, automatically he has become ten thousand... So if you pay me instead of three hundred, say, six hundred or eight hundred, what is your loss? It has already become ten thousand.</p>
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