A gallon of it is four times a quart of it, not simply the same amount of paper with the larger number inscribed. And, being a tangible substance, water is available in finite supply, and the lending scheme would exhaust that supply. Money, however, is a different matter, or non-matter. People have long lost the association between the word and the reality. Thus, the lending scheme outlined above works beautifully with money.
Bankers are the most powerful people on earth.
Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back. Sir Josiah's colleague, former Chancellor of the Exchequer, Rt. Honorable Reginald McKenna, agreed. Those who create and issue money and credit direct the policies of government and hold in the hollow of their hands the destiny of the people. It would seem settled, and indeed is obvious, that the creator of money in any community is a power to be reckoned with.