This appendix contains important information that I chose to place here in order to streamline the main presentation. You should have gotten the gist of argument against the need for perpetual money growth. To confirm the validity of that argument please review the following information.

Contents:

Complete Models

Introduction to the details of the models listed below.

100% Reserve Banking

Models 1 & 2, based on a 100% Reserve Banking System

Fractional Reserve Banking

Models 3 & 4, based on a Fractional Reserve Banking System

Corn Prices

A chart of the corn prices in the purchases and sales by the grower.

Comparison of Banking Systems

Comparing the fractional reserve banking system to the 100% reserve banking system and the changes in the quantity of money that occurs in each.

Grower Gains

The effect on money balances when the grower pays his loan.

Grower Loses

The effect on money balances when the grower does not pay his loan.