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The changes connected with it are described.

ERROR No 2:

PERCENT WE PAY ONLY WHEN WE TAKE MONEY UNDER PERCENT


One more reason of that influence of the percentage mechanism on ours Monetary system difficultly for full understanding, is its partial

When take money on credit, and if payment of percent is undesirable, To take simple enough not money on credit.

Fig. It shows, what is it not so, because the price of each goods, Which we pay, includes a percentage part. This share fluctuates For the goods and the services got by us according to size The spent capital. Some examples from an everyday life are evident

Illustrate this difference the Share of costs of payment of percent on credits

(Capital expenses) in a payment for dust export makes 12 %. In this case Share of percent rather low as prevailing are Expenses on wages. Position varies for the price for potable water and

The water drain for which the share of costs of payment of percent makes already 38 and

47 %. For a payment for using apartments of social available housing this

The share makes already 77 %. On the average a share of percent or capital expenses

Makes for the prices for the goods and services of daily demand of 50 %.

So, if we have eliminated percent and have replaced them on more perfect

The mechanism theoretically the majority of us would become at least twice

The rich man or to us it would be necessary to work for maintenance of our present

Standard of living only half of working hours.

ERROR No 3:

THE MODERN MONETARY SYSTEM SERVES ALL TO THE SAME EXTENT


The third error of rather our monetary system can be It is formulated as follows: as everyone should pay percent, When takes money on credit and buys the goods and services, as everyone Draws interest at storage of money in bank, modern monetary system Renders on all identical positive (or negative) influence.

But also it is incorrect. Actually between those who wins at To such system, and the huge difference exists those who pays. On fig. 4

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