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Poetry & MoneyA Speculation$
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Peter Robinson

Print publication date: 2020

Print ISBN-13: 9781789622539

Published to Liverpool Scholarship Online: May 2021

DOI: 10.3828/liverpool/9781789622539.001.0001

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PRINTED FROM LIVERPOOL SCHOLARSHIP ONLINE (www.liverpool.universitypressscholarship.com). (c) Copyright Liverpool University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in LSO for personal use.date: 25 September 2021

Going off the gold standard

Going off the gold standard

Chapter:
(p.145) Chapter Seven Going off the gold standard
Source:
Poetry & Money
Author(s):

Peter Robinson

Publisher:
Liverpool University Press
DOI:10.3828/liverpool/9781789622539.003.0007

This chapter addresses the involvement of two key modernist poets in money and monetary reform. First it considers Pound’s long-term commitment to economic understandings of culture and politics, along with his advocacy for Social Credit by looking at the effect these various views about money had on his poetry. In the course of this exposition it reveals fundamental flaws and contradictory implications in his opposition to a gold standard, his various attempts to fix the value of words, and poems, by relating them to natural processes or material things, and his arguing that states had the power to issue fiat money for the benefit and welfare of citizens. This is followed by a reconsideration of whether T. S. Eliot’s The Waste Land is a poem significantly influenced by J. M. Keynes’ writings on the Treaty of Versailles, on related issues connected with Eliot’s work as a bank clerk, and his later views about money in the light of his Christian faith. The chapter also addresses the different relationships between attention to money and anti-Semitism in both poets’ work.

Keywords:   Gold Standard, Social Credit, Fascism, Treaty of Versailles, anti-Semitism, Keynes, Mussolini, Ezra Pound, T. S. Eliot

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