LAST DITCH OF DEMOCRACY - Majority Rights

difference between money and credit. Some other time I will try to get
you to understand that credit is a social phenomenon.
Money (I am now quotin’ Aristotle), money comes not of nature but
from custom. Money is something man-made, it does not exist by itself
in nature. Money is a social phenomenon.
Credit is a social phenomenon. I am not going into that now. I may have
already said too much for one talk. I dunno whether the United States
listens to B.B.C. nonsense. I should like to put my compatriots in
condition to DEBUNK British B.B.C. nonsense as fast as they hear it,
and this talk of mine is aimed at gittin’ over to you one point and one
point only, or say one dissociation of ideas, or dissociations about one
point. That is the question of INTEREST. The difference between the
interest on metal and the interest on money, and the interest on credit
(that is the interest on money that isn’t THERE).
Dearly beeloved brevrem, this is ole Ezry speaking. You probably do not
doubt it. You probably have derived that belief from the intrinsic nature
of the discourse even if you tuned [in] after the announcement of what
was comin’.
#49 (June 25, 1942) U.S.(B62)
THAT INTERVAL OF TIME
People are allus tellin’ me to be PATIENT. Even now when you would
think a state of emergency had not only been declared but become
almost apparent, people tell me to be patient about one thing or another.
Well, I have said before, said it in poetry and said it in prose. I was
twenty years late in startin’ and as my friend Carlo DeVoto sez to me on
the tennis court: “Twenty years at 5%! What do they care, if it runs 20
years, they double their capital. And most of the dirt in this world is put