Modern Money Is Almost Altogether Credit Money.

But Egoism Is More Than This. It Is The Realization By The Individual That He Is Above All Institutions And All Formulas; That They Exist Only So Far As He Chooses To Make Them His Own By Accepting Them.

When Not Only Gold But All Commodities Are Available For The Redemption Of The Paper Currency, Its Volume Is Limited Only By The Value Of All The Wealth Of The Country, And It Can Never Become Insecure Up To This Limit.

But The Egoist Has No Ideals, For The Knowledge That His Ideals Are Only His Ideals, Frees Him From Their Domination. He Acts For His Own Interest, Not For The Interest Of Ideals.

Not An Old Woman That Buys A Paper Of Pins, Without Yielding A Part Of The Price To The Banks As Interest!

Paper Currency Has Hitherto Been Regarded With Suspicion, As Insecure.