At Present, Financial Crises Occur, Chiefly Because

But Egoism Is More Than This. It Is The Realization By The Individual That He Is Above All Institutions And All Formulas; That They Exist Only So Far As He Chooses To Make Them His Own By Accepting Them.

There Is No Other Who Experiences Your Thoughts Or Your Feelings.

But The Egoist Has No Ideals, For The Knowledge That His Ideals Are Only His Ideals, Frees Him From Their Domination. He Acts For His Own Interest, Not For The Interest Of Ideals.

Large Sums Were Paid For The Use Of Money, Because The Available Amount Of Gold And Silver Was Far Less Than Was Needed To Carry On The Commercial Transactions Of The Times.

Accordingly, When The Supply Of Gold Runs Short, The Security Behind The Notes Is Diminished, The Loaning Of Notes Is Restricted Or Suspended, And The Panic Follows.