The "Calling of Loans" or "Tight Money Policy" was discussed previously when we discussed the creation of money and how the repayment destroys it. However, a brief refresher may be in order. We said that when loans are repaid to the bank, the money supply is reduced. This is illustrated in the following picture:
 

This illustration should give the readers a good idea of how drastically the money supply can be affected by calling loans. The calling of loans was one of the main reasons in creating the Great Depression. In 1929 the total money supply per capita was $302.00   1929 $302.00 1933 236.00 1934 237.00 1935 247.00 1936 262.00 1937 273.00 1938 274.00

This is an average increase of $7.65 per year. However, the war broke out in 1939. This started a war economy. By 1945 the per capita money supply had risen to $531.00 and by 1969 it had risen to $1,571 per person.

There is no more damaging evidence available that the MONEY MONOPOLISTS were the culprits that were responsible for the Great Depression. It also clearly shows the power that these Financial Monopolists wield over the economy and therefore over the lives of the people.

The truth is that periodic withdrawal of money through interest payments will inexorably transfer all wealth in the country to the receiver of interest. Imagine yourself in a poker or dice game where everyone must buy the chips from a "banker" who does not risk chips in the game, but watches the table and every hour reaches in and takes 10% of all the chips on the table. As the game goes on, the amount of chips in the possession of each player will go up and down with his "luck". However, the TOTAL number of chips available to play the game (carry on trade and business) will decrease.

The game will get low on chips and some will run out. If they want to continue to play, they must buy or borrow them from the "banker". The "banker" will sell (lend) then ONLY if the player signs a "mortgage" agreeing to give the "banker" some real property (car, home, farm, business, etc.) if he cannot make periodic payments to pay back all of the chips plus some EXTRA ones (interest). The payments must be made on time, whether he wins (makes a profit) or not.

It's easy to see that no matter how skillfully they play, eventually the "banker" will end up with all of his original chips back, and except for the very best players, the rest, if they stay in long enough, will lose to the "banker" their homes, their farms, their businesses, perhaps even their cars, watches, rings and the shirts off their backs!

Our real-life situation is MUCH WORSE than any poker game. In a poker game none is forced to go-into-debt, and anyone can quit at any time and keep whatever he still has. But in real life, even if we borrow little ourselves from the Bankers, the local, provincial and Federal governments borrow billions in our name, squander it, then confiscate our earnings from us and pay it back to the Bankers with interest. We are forced to play the game and none can leave except by death. We pay as long as we live and our children pay after we die. If we cannot pay, the same government sends the police to take our property and give it to the Bankers.

The Bankers risk nothing in the game; they just collect their percentage and "win it all". In Las vegas and at other gambling centers, all games are "rigged" to pay the owner a percentage, and they rake in millions.
Canada's monetary system "game" is also "rigged" and it pays off in billions!

In recent years Bankers added real "cards" to their game. "Credit" cards are promoted as a convenience and a great boon to trade. Actually they are ingenious devices by which Bankers collect 2% to 5% of every retail sale from the seller and 18% interest from buyers. A real "stacked" deck.