Sunday 18 December 2016

THE PRICE OF MONEY .....

When money has been made in precious metal, it could exist a difference between the intrinsic value of a coin and its value in circulation .... The State could keep this profit !!!

When money became credit and papers, it has been necessary to reward the clients for  keeping their money on an account in a bank ..... Never forget the deposits make loans ...

A interest is charged when we bortow money to reward people who have deposits ....

SO THE RATES ARE NOT BASED ON THE FACT MONEY IS WEALTH , BUT ON THE FACT MONEY CAN BRING PROFITS ....

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