Consumer association for circulation of capital - circulates capital between consumers with gains going to bank for investment in production

摘要

A consumer engages in a contract with two candidates for admission to an association. Each pays an initial share and these new members each engage two new membes each paying a share. The payments are made through a common bank and the initial members receive gains on their initial share dependent on the number of members. The gains are passed to the bank in the form of savings. This credit then passes to production as the result of demand from a market. The consumer receives the salaries and remunerations from production which is passed into the system for circulation.