It is therefore not surprising that in seeking to make of this equation something more exact than its nature permits of, economists have managed to create more disagreement than unity of opinion, for there is not one term in the formulas they employ that is not open to a host of objections, based both on theory and on fact.
Category: Interest
CAPITAL.
It increases or decreases according to the fluctuations of supply and demand, that is, according to the particular pressures of the moment and the general prosperity of society.
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What is more, through the capitalization of interest, the position of the workers is steadily worsening each year, to the extent that if the analysis is followed through, around the seventh year we find that the entire initial contribution of the workers has passed as interest and profit into the hands of landowner-capitalist-businessmen…
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And certainly, if you want credit to be free of charge, you have to prove that capital is not generated by the work of the person lending it and that it does not make the work of the person borrowing it more fruitful.
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Advocate of capital that you are, you do not know all its machinations.
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But I, for my part, thought that we made the law and that we paid the State to protect our rights, and not to destroy them.
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It is harmful to the lender, since when he needs to take out a loan he becomes a victim of the same (kind of) plunder.