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April 28

Yes inflation is due to paper currency. As for land ownership, in the Vedic civilization the land was given to the people for cultivation not for ownership, and a tax was collected which was 25% of the person's income. The land belonged to the state and the man would cultivate it and pay 25% to the state. If he has no income then he doesn't have to pay. If he doesn't pay tax he may be disowned of the land. One cannot get land from the government unless he agrees to produce something and if everyone produces food then there is no scarcity. At least he has his own food produced by himself. Now people are educated as sudras. They are going to work to produce what is not urgently needed by society.

Letter to Balavanta, 28 April, 1974