The Final Outcome Of The Credit Expansion

Big Business Always Serve - Directly Or Indirectly - The Masses.

Political Ideas That Have Dominated The Public Mind For Decades Cannot Be Refuted Through Rational Arguments. They Must Run Their Course In Life And Cannot Collapse Otherwise Than In Great Catastrophe.

Every Innovation Makes Its Appearance As A 'luxury' Of The Few Well-to-do. After Industry Has Become Aware Of It, The Luxury Then Becomes A 'necessity' For All.

While Under Precapitalistic Conditions Superior Men Were The Masters On Whom The Masses Of The Inferior Had To Attend, Under Capitalism The More Gifted And More Able Have No Means To Profit From Their Superiority Other Than To Serve To The Best Of Their Abilities The Wishes Of The Majority Of The Less Gifted.

Government Is The Only Institution That Can Take A Valuable Commodity Like Paper, And Make It Worthless By Applying Ink.