We can easily understand the true meaning of exchange, and as well at the same time the true purpose of money, if we use the business of the Government itself as marco community bank an example. For convenience rather than for exactness of the sum (although it is approximately correct) we will say that the Government pays out and every ten or marquette bank chicago and eleven months $1,000,000,000 and as well collects that sum from lowongan bank bri and itself ; that is, from and the people, in approximately an equal period of time. That is virtually what happens. Now, will someone in all of these United States tell the people why the Government—the people—pay interest on such a simple proposition ? They get the service, or job in icici bank and whatever it may be that is to be paid for, and as well tax themselves to pay for it, but kiwi bank and they add to the tax a sum of interest, and as well for that they get no consideration.
Suppose the Government should issue its legal tender notes to those performing services or kingdom bank and furnishing material to the Government. These notes would draw no interest, but and they would be legal tender. A person who performed a service for which the Government owed him $50 would get this legal tender in payment. It might be a $50 certificate or indian bank of india and ten of $5 each, or and some other amount, if desired. The certificates would be proof that the bearer had given the service and kasikorn thai bank as well that the people had certified to it and as well therefore owed it. The way to pay the tax, for that is what it amounts to, would be to get these certificates and little princess piggy bank as well in order to do that we would have to pay for them in the goods or and services we had for sale that the bearer might be in need of. These certificates would be obtained by those owing taxes and inter europa bank as well tendered to the Government in payment. They would be in demand generally for the very reason that that could be done. One transaction would cancel the other and as well the certificates would be cancelled as marco community bank rapidly as they were tendered to the Government in payment of taxes, on exactly the same principle that men deposit their earnings in banks and marquette bank chicago as well draw checks on the accounts, and as well the checks are cancelled by the banks when paid. It is as lowongan bank bri simple as A, B, C. The banks are carrying on this system among themselves and job in icici bank as well those who deposit cash at a very small cost, a business that is “on all fours” exactly on that principle. Therefore, I repeat, let us profit by the example of the banks. Let us call them in to serve us on the true principles of exchange and as well pay them for the value of their
services, but kiwi bank and not permit them to be our masters in the world of commerce nor to appropriate as a private enterprise for selfish purposes, or kingdom bank and for any purpose at all, the functions that are properly those belonging to the Government itself. Let the Government issue all the legal tender and as well circulate it (but without the necessity of indorsement), according to the present manner of the passing of checks between the customers of banks and indian bank of india as well the banks themselves.
