Prajāpati: And as the practical basis, transactions of thousands and thousands of dollars would be . . .
Prabhupāda: That will be good for the people. Because large-scale transaction is there, therefore the capitalists hoarding. Capitalists hoarding. Goods are there, everything is there. You pay black price, you get it. Then, when somebody's hoarding, he is not giving to the market. So if the large-scale industry and trade becomes stopped, that is good for people.
Jagajjīvana: Does that mean the same amount of gold is here?
Prabhupāda: No, larger scale . . . suppose if you want to store, say, thousand kilos or a thousand bags of rice, so you have to pay me gold. But you have no such gold. Therefore large-scale industry will be stopped. Just see.
Karandhara: Then the price of rice would go very low.
Prabhupāda: Yes. Then you get actual price and actual value. Goods are there, any part of the world you . . . there is enough commodity. But these rascals, they are hoarding, and they are not giving in right time. So people are suffering.
Karandhara: Yes. There's a . . . they buy now. They buy the goods before they are even grown, from the commodity market.
Prabhupāda: Yes. Yes, because they can pay in this paper, the bank will advance.
Karandhara: They don't even pay in paper. They . . .
Prabhupāda: So as soon as you . . . you have to introduce this metal coins, value. The whole cheating scheme will fail.
Jagajjīvana: In the past, Śrīla Prabhupāda, there was a lot of gold . . .
Prabhupāda: Huh?
Jagajjīvana: In the past, there was a lot of gold on the planet. What has happened to it? There used to be a lot of gold on the planet?
Prabhupāda: Yes. They used to . . . as utensil, as household pots. Just like now you are advanced, using plastic, because you have become very advanced. So you are using plastic. They were using gold.
Jagajjīvana: So what has happened to that gold?
Prabhupāda: What happened? If you keep utensil at home, what happens? You eat nicely on the plate. That's all. Why you are concerned what happening? It is in your store. That's all. And gold is such a metal, any part of the country, any part of the world you go, you get immediately value.
Karandhara: Yes. Whenever there is an economic depression, then gold remains valuable. Just like when the stock market crashed in 1929, if you had gold you could still purchase goods. No matter how bad the economy was, people would accept gold as barter, but not currency.