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In 1921, the New York Tribune ran a piece titled, Ford Would Replace Gold With Energy Currency and Stop Wars, in which Henry Ford laid out the case that a currency backed by energy would reduce the power of
bankers and put an end to much international conflict.
As Ford stated,
“With the international bankers, the fostering, starting and fighting of a war is nothing more nor less than creating an active market for money—a business transaction. …No matter who loses the war, there have been a great many loans—the Gold system always wins.”