salvation through inflation the economics of social credit phần 4 docx

... separate the value of the collateral from the monetary effects of the credit on the collateral. In this respect, Social Credit is the representative example of all other fiat money credit reforms ... 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 o...

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 ... garnished. Then goeth he, and 146 SALVATION THROUGH INFLATION the consumer This is the belief of almost all critics of the fi-ee market. He said that million...

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... 46 2:10 x 81 4: 14 32 43 82 II Thessalonians 2 14 21 48 178 42 141 210 ix 78-79, 142 46 46 3:10 3:10- 14 I Timothy 6:10 James 2:20 2: 24 4:1 4: 17 I John 1:9 4: 1 Revelation 13:16-17 101, 145 212 47 x x 143 , 241 241 47 17 106 289 3:12 xx 286 SALVATION ... 142 -43 , 221 conspiracy thesis, 4- 13 consumer credit, 244 consumers credit, xviii, 190 demand, 197 de...

Ngày tải lên: 09/08/2014, 19:22

... Gary. Salvation through inflation : the economics of social credit/ Gary North p. cm. Includes bibliographical references and index. ISBN 0-93 046 4- 64- 8 (pbk): $12.95 (alk) ISBN 0-93 046 4-66 -4 (hdbk) ... Today, the de- tails of Social Credit economics no longer interest anyone out- side of one of the tiny, struggling national organizations that still...

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... to the problem of price inflation to turn the power of money creation over to the politicians rather than the central bankers. The politicians of the French Revolution des- troyed the value of ... currency in a matter of months. The Bank of England has done a far better job in preserving the value of the British pound, 16 94 to the present. But neither...

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... 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...

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... 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

... 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 ... 19 34) , p. 1 04. 3. See Appendix A below. 1 74 SALVATION THROUGH INFLATION participate in the profits of the firm. Whether the firm makes a profit or...

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... restrain the accumulation of power in the hands of an elite? The Premise of Inflationism Social Credit is one more scheme in a long list of fiat money inflation schemes which stretch back to the ... anti-semitic “Protocols of the Learned Elders of Zion” in his attempt to persuade his readers of the centrality of finance and the evils thereof. The Protoco...

Ngày tải lên: 09/08/2014, 19:22

... of. funds, but 244 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 ... brought up the A + B Theo- rem? In short, wh~ does the supposed dilemma of the A + B Theorem apply only to today’s capitalism? If the answer is “bankers,” th...

Ngày tải lên: 09/08/2014, 19:22