MONEY IS MAN'S ONLY "CREATION"

Economists use the word "create" when speaking of the process by which money comes into existence. New creation means making something that did not exist before. Lumbermen make boards from trees; workers build houses from lumber; and, factories manufacture automobiles from metal, glass and other materials. But in all these they did not "create" - they only changed existing materials into a more usable and therefore more valuable form. This is not so with money. Here and here alone, man actually "creates" something out of nothing. A piece of paper of little value is printed so that it is worth a piece of lumber. With different figures it can buy the automobile or even the house. Its value has been "created" in the true meaning of the word.

As is seen by the above, money is very cheap to make, and whoever does the "creating" of money in a nation can make a tremendous profit! Builders work hard to make a profit of 5% above their cost to build a house.

Auto makers sell their cars for 1% to 2% above the cost of manufacture and it is considered good business. But money "manufacturers" have no limit on their profits, since a few cents will print either a $1 bill or a $10,000 bill.

That profit is part of our story.

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