For the past four decades E. C. Riegel has been my primary source of insight and
inspiration on the concepts and mechanisms of money and exchange. Writing mainly from the 1920s thru the 1940s, his is vision is acutely penetrating and his expression clear and almost poetic. For that reason I and a few others have made every effort to make his work known to a much wider audience. His most important works are freely available to be downloaded and I have listed the web links on my website under the Library menu item at https://beyondmoney.net/library/.
I realized very early in my peace and justice work, that the primary obstacle to peace, justice, and freedom, lies in the centralization of power and the concentration of wealth. Riegel and others helped me to see that the global money and banking system is the main instrument by which that is made possible. Riegel opened my eyes to the true nature of money and the fact that we the people already have in our hands the power to create true money. He pointed out that “Heretofore, economics has located the source of production at one point and the source of money at another, with the result that synchronization and balancing of issue between wealth producing power and money power were impossible.” Riegel then laid out a way to bring those two powers together, a plan which I, in all modesty, have enhanced and adapted to present conditions.
I’ve lately been in the process of preparing a document containing excerpts from Riegel’s 1944 book, Private Enterprise Money, along with my comments, much as I did years ago with my annotated précis of his book, Flight From Inflation. That may take a while to complete but I would rather not delay in sharing with my readers a little gem from pages 106 in which Riegel presciently described our present predicament. Here it is:
Thanks for the Riegel links Tom. Bit of bedtime reading.
Thanks for bringing Reigel back to the world’s attention Tom. PEOPLE’S MONEY POWER, that is indeed the secret surprise weapon.
It will not come in our lifetimes, it may even be hundreds of years away, but the germ of the Truth has been injected homeopathically into the culture of humanity. All the local exchanges and credit clearing circles that you write about are manifestations that are cropping up worldwide now. Truth cannot and will not be denied forever.
Thanks, Jock, I’m more optimistic than that. I DO expect to see significant progress in my lifetime.
NICE. THANKS. Here is a short one from Tim Jenkin..