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15/July/2005
Imaginary Money ‘I-M’
Hugo Salinas Price
Humanity – not only Mexico – is living in a world in which a very large part of the wealth that it believes it owns, is purely imaginary wealth. We are living not in a real world, but in a world of dreams, in which we spend as if we were much wealthier than we really are... more>> |
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01/June/2005
The international monetary process
Hugo Salinas Price
On August 15th, 1971, the world was left without an “International Monetary System”. What remained, and remains to this day, after the U.S. refused to redeem dollars for gold, is no longer a system. It cannot be a system, because the internal control which blocked the violation of critical parameters and insured operational stability has been removed... more>> |
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04/April/2005
No one ‘returns’ silver coins: two laws at work
Hugo Salinas Price
Legislation, Positive Law, will have turned a commodity, the silver ounce, into money, and with that legislation the Mexican Congress will have bestowed upon Mexico a social benefit that costs nothing, but which has enormous economic, psychological and political value for the nation... more>> |
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17/December/2004
Silver’s three flags
Hugo Salinas Price
Silver in circulation will serve to remind us that it is possible for a society to use silver and benefit from the use of real money, honest money. Otherwise, it is possible that we may forget this, as has happened to many nations in the world.
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02/February/2004
Globalization dissected
Hugo Salinas Price
Those who accept globalization as inevitable and beneficial would be right if conditions in today’s world were the same as those which prevailed back in the XIXth century or in the early XXth century. Unfortunately, globalization today is taking place under circumstances totally different from conditions in that now remote past... more>> |
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01/November/2002
Silver and the internal market
Hugo Salinas Price
The first and most important condition towards empowering the internal market, is to endow it with a money of quality. All the rest, with regard to this excellent objective, will come about spontaneously... more>> |
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22/October/2002
The benevolent ruler
Hugo Salinas Price
The plan to introduce silver by degrees into circulation in our country, Mexico, is a plan that puts the benevolence of our rulers to the test. When the governed enjoy a silver currency, they have tranquility and peace... more>> |
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