View source for Actually, I was concerned this morning about inflation. The government and the newspapers, they say the biggest problem today is inflation. From our Krsna conscious standpoint, how can we cure this problem of inflation?

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{{compiler|MadhuGopaldas|Rishab}}
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{{first|31Jul11}}
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[[Category:Questions asked to Srila Prabhupada]]
[[Category:Questions asked to SP... 1973]]
[[Category:Questions On... Economics - Wealth, Resources, Money, Business]]
[[Category:Questions On... Politics, Government]]
[[Category:Questions On... Contemporary Trends, Events, Social Issues]]
[[Category:Questions On... Publicity, Public Relations, Public Press]]
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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="1973_Conversations_and_Morning_Walks" class="sub_section" sec_index="6" parent="Conversations_and_Morning_Walks" text="1973 Conversations and Morning Walks"><h3>1973 Conversations and Morning Walks</h3>
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<div id="MorningWalkDecember311973LosAngeles_0" class="quote" parent="1973_Conversations_and_Morning_Walks" book="Con" index="110" link="Morning Walk -- December 31, 1973, Los Angeles" link_text="Morning Walk -- December 31, 1973, Los Angeles">
<div class="heading">It is very simple. Don't accept paper currency. It must be gold or some metal worth. Just like one dollar, it must be worth one dollar metal. Then it is solved. But they want to cheat. How it can be solved? Because if I pay you one dollar, I must pay you value for one dollar. But it is the cheating process is going on, "I pay you one dollar, a piece of paper. That's all." So you accept cheating, and I also cheat. Government allows. So how the problem can be solved? It is cheating. But the government allows it as law. And you accept, I accept. Then how they can be solved, solution? This is the solution.
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<span class="link">[[Vanisource:Morning Walk -- December 31, 1973, Los Angeles|Morning Walk -- December 31, 1973, Los Angeles]]: </span><div class="text"><p style="display: inline;">Prajāpati: Actually, I was concerned this morning about inflation. The government and the newspapers, they say the biggest problem today is inflation. From our Kṛṣṇa conscious standpoint, how can we cure this problem of inflation?</p>
<p>Prabhupāda: It is very simple. Don't accept paper currency. It must be gold or some metal worth. Just like one dollar, it must be worth one dollar metal. Then it is solved. But they want to cheat. How it can be solved? Because if I pay you one dollar, I must pay you value for one dollar. But it is the cheating process is going on, "I pay you one dollar, a piece of paper. That's all." So you accept cheating, and I also cheat. Government allows. So how the problem can be solved? It is cheating. But the government allows it as law. And you accept, I accept. Then how they can be solved, solution? This is the solution.</p>
<p>Prajāpati: In the economy itself there isn't actually enough money to, that's even in the banks...</p>
<p>Prabhupāda: That is cheating. Therefore I say cheating. I have no money. I give you simply paper. I promise to pay hundred dollars. What is the use of that promise if I have no money? But you want to be cheated. I cheat you. That's all. You are satisfied of being cheated by me; so I take the advantage and I cheat you. I give you a paper. That's all.</p>
<p>Bahulāśva: Real money is gold and silver.</p>
<p>Prabhupāda: Any... It must be value. According to the market price, it must be value. Whatever it may be. Gold is taken, because gold is the most valuable metal. A small piece of gold, it can carry two hundred dollars. But if I give you iron, then you have to bring another, what is called, bus, to carry it. (laughter) So therefore gold standard is accepted everywhere. There is a standard price of gold, so when I pay you money, it must be, carry the value in gold. That's all. Then there is no inflation. The people want to be cheated, and people cheat. That's all.</p>
<p>Bahulāśva: In the Śrīmad-Bhāgavatam, Prabhupāda, you say that Kali became gold standardized.</p>
<p>Prabhupāda: That is another point. That one who has gold, he can purchase these four kinds of sinful activities: meat-eating, gambling, intoxication, illicit sex. If you have money, you can get illicit sex from big, big quarters. Is it not?</p>
<p>Karandhara: Yes.</p>
<p>Prabhupāda: 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?</p>
<p>Karandhara: Charge card. Bank Americard.</p>
<p>Prabhupāda: 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 dollar 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.</p>
<p>Bahulāśva: So unless they become Kṛṣṇa conscious, then there is no solution.</p>
<p>Prabhupāda: No. Harāv abhaktasya kuto mahad-guṇāḥ. There cannot be any good quality in human society unless accepts Kṛṣṇa 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.</p>
<p>Bahulāśva: He doesn't know that you are the ever well-wisher, Prabhupāda.</p>
<p>Prabhupāda: So you are going to carry the message to the government?</p>
<p>Prajāpati: Yes. Śrīla Prabhupāda. We're working on a...</p>
<p>Prabhupāda: That issue metal coin and the problem will be solved. But they will not take your advice.</p>
<p>Prajāpati: 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.</p>
<p>Prabhupāda: 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 no solution.</p>
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