The charts give the example of how bank deposits move goods in the same way as dollar bills. Here is what the illustration shows. On June 15th, Jones and Thompson each borrowed $1,000 from the bank. The bank, you will notice, credited them each with a $1,000 deposit. On June 16th Jones bought a calf from Thompson for $100 and on the same date Thompson deposited the check to his account. You will notice that his bank account increased to $1,100 and Jones' decreased to $900.

This means that the banks get this money for only the cost of issuing this credit and the bank's expense of cancelling out the checks. They do not pay depositors a share of this interest as the Credit Unions do. This means a tremendous profit on the first use of this money. This benefit should go to the people of Canada rather than to the private banks.

FIGURE 1: Because the Interest cannot be paid, some of the Borrowers must lose their Collateral, namely, their Farms, Houses or Businesses