salvation through inflation the economics of social credit phần 2 ppsx

... bankers. The politicians of the French Revolution des- troyed the value of France’s currency in a matter of months. The Bank of England has done a far better job in preserving the value of the British ... chalIenge to the universal laws of chemistry. But at least the Christian affirms the existence of miracles irrespective of the hypothetical universal la...

Ngày tải lên: 09/08/2014, 19:22

... Today, the de- tails of Social Credit economics no longer interest anyone out- side of one of the tiny, struggling national organizations that still call themselves Social Credit. ” Meanwhile, the ... (James 2: 20). “Ye see then how that by works a man is justified, and not by filth only” (James 2: 24). xiv SALVATION THROUGH INFL4TION The Lure of the Bizar...

Ngày tải lên: 09/08/2014, 19:22

... blueprint. The Opportunity of a Lifetime In 1935, .in the middle of the Great Depression, the Social Credit League won 89% of the seats in the legislature of the Western Canadian province of Alberta. ... reconstruction. The two of them filled tens of thousands of pages with their criticism of capitalism and also detailed criticisms of their socialist...

Ngày tải lên: 09/08/2014, 19:22

... the issue of money. The Target of His Criticism The failure of capitalism, Douglas said, is the failure of fi- nancial credit to match the output of Real Credit. The banks create financial credit. ... association of people engaged in the production of Real Credit, and in this sense the State, as the custodian of the Real Credit of the community,...

Ngày tải lên: 09/08/2014, 19:22

... offset the effects of the second law of thermody- namics. We produce increasing order out of the apparent disor- der of our environment. 8 The standard physical explanation of this is that the ... openly followed the monetary theory of the self-taught16 economist, J. A. Hobson, who argued, as Douglas summarized him, for the inadequacy of the money available i...

Ngày tải lên: 09/08/2014, 19:22

... debate on Social Credit. They want out. What is the difference between the value of the tickets in the first example and their value in the second? The seats are physically the same. The tickets ... promoter has priced the seats too high, the auditorium will have empty seats .22 22 . The economic function of ticket “scalpers” is to transfer some of the risk...

Ngày tải lên: 09/08/2014, 19:22

... by the State, then the State has become the true owner. The tools of production are in the hands of the State. Thk is the essence of socialism. Decapitalization Through Mass Inflation During the ... below. 174 SALVATION THROUGH INFLATION participate in the profits of the firm. Whether the firm makes a profit or not, the lenders must be paid. Not so...

Ngày tải lên: 09/08/2014, 19:22

... Institute of Economic Affairs, 19 72) . 34. Knight, Risk, p. 166n. 22 2 SALVATION THROUGH INFLATION of silence which surrounds h. At the moment it can only be pointed out that the theory of rewards ... 136. Conclusion 22 7 limitations on power. Are there built-in safeguards in the econ- omy that will restrain the accumulation of power in the hands of an elite?...

Ngày tải lên: 09/08/2014, 19:22

... of. funds, but 24 4 SALVATION THROUGH INFLATION different kind of break from the one he hypothesized in his critique of bank credit. The A + B Theorem has nothing to do analytically with the credit ... democratization of investing. 19. Why doesn’t the “problem” of the A + B Theorem also exist beyond the day of Social Credit reform? 20 . How can any econom...

Ngày tải lên: 09/08/2014, 19:22

... 198 ,23 7 fiat money, xi (see also money) Final Judgment, 125 ,21 0 ,22 0 finance credit, 24 3 financial credit, 99-100 flow of finds, 124 , 1 72, 23 0- 31 ,23 9-40 ,24 3 ,24 8- 52, 25 4, 26 0-61 Ford, Henry, 126 -27 formula, ... Major Micah 6:11 Matthew 4:3-4 5:45 6:11 10 :28 12: 36-38 17 :27 20 :10-15 25 :20 1 25 :24 -27 Mark 2: 27 13:5 Luke 12: 47-48 Remans 5:8 6 :23 I Co...

Ngày tải lên: 09/08/2014, 19:22