Sometimes, instead of purchasing a commodity out and out, people want to buy only the use of it, for a longer or shorter period. The price paid for such temporary use is commonly called hire.

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.

Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.

Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest!

It's your temporary "wants" purchasing your unnecessary "needs".

At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.