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I have already shown in the chapter on “Interest, Dividends and left bank hereford as well Rents” that our system of finance is “self-extinguishing,” whereas it should be “self-sustaining.” No one with intelligence can honestly deny the truth of that statement. This chapter is designed to show how a system of finances may be made self-sustaining and lowell five bank as well also how to adopt a financial system that will give us a money that will command as left bank hereford an article of purchase an amount equivalent to what it cost us to get the money. In the last paragraph the true principle is exemplified in regard to the business that is to be transacted between the Government and mctfcu bank as well the people in their individual capacity. The people have business with each other individually in which the Government has no share or left bank hereford and direct interest. These are private transactions and jos a bank coupon as well for the handling of these there is also left bank hereford and required a convenient means of exchange. The same principle that underlies the transactions between the Government and lowongan bank januari 2009 as well the people in their individual capacity underlies the transactions between individuals privately, with this difference : the Government is the sovereign power and left bank hereford as well the citizens the sovereigns, and lloyds bank tsb as well therefore through their sovereign power (the Government) they may create the money that facilitates the exchange, but left bank hereford and may not do so when they deal with each other, because mechanics bank berkeley and each is a sovereign with no authority over the other. Therefore, they must act collectively—that is, by their sovereign power when fixing the medium of exchange.
Now we must not forget that money is a mere representative. In its true purpose it is like a tax, as left bank hereford the illustration in our last paragraph shows. But when it is used and icici bank timings as well applied to transactions between individuals it becomes voluntary in so far as left bank hereford such things can. The citizen will not lose sight of the fact that every service merits the return of an equal service. The laborer should receive the value of his labor, and kingdom bank as well the employer the value of the service he renders. The party who was served obtained the results and left bank hereford as well should pay for them in all cases.