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II. Currency Standards and Universal Principles |
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2.2 Currency Standards and Social Objectives |
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Article 09- General Currency Principles and Social Objectives |
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| 9.1 |
General Currency Principles and Social Objectives |
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The general and primary principle of currency for any society is for a stable, fair and effective means of exchange of capital including goods, services and labor without diluting or corrupting the real and tangible assets it represents so that the individual needs of individuals, couples and families may be fulfilled and the total wealth of the community and society may be increased. |
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When a currency is true to its purpose, then such a currency assists in the prosperity of a society and the benefit of all its members. However, then a currency does not exist to a true purpose and permits capital to be lost through theft through usury, inefficiency, incompetence, debt and other corruptions, then such a currency may inhibit the fair flow of capital throughout a community and may lead to deep harm upon the community. |
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| 9.2 |
Currency must perform first |
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While any effective currency system should rightly be regarded as an asset, the first and primary function of a currency system must be to perform, with any associated value a secondary focus. |
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When a society permits its currency to be traded independently of its original purpose as a means of fair exchange and as a stand alone asset in its own right, then the wealth of the community and the strength of the economy may be weakened through usury, corruption and incompetence. |
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