increase the
public and private indebtedness to One Thousand Billion Dollars,
and, by that time and under such manipulations there will not be a
manufacturer who will own his
own plant; a storekeeper who will
own his own store; a farmer who
will own his own farm; nor a
workman who will own his own
home in America.
Such is the poison in the Capitalistic System that Direct Credits will remove by abolishing interest altogether. Then everybody will get a purchasing power equal to their productive power and an honest incentive will be created for everybody to do their best work that will balance Capital and Labor for the benefit of everybody. ![]() |