salvation through inflation the economics of social credit phần 7 pdf
salvation through inflation the economics of social credit phần 7 pdf
... by the State, then the State has become the trueowner. The tools of production are in the hands of the State.Thk is the essence of socialism.Decapitalization Through Mass Inflation During the ... A below. 174 SALVATION THROUGH INFLATION participate in the profits of the firm. Whether the firm makesa profit or not, the lenders must be paid. Not so the owners of common shares. They receive ... enemies of the People. The government went horn castigation to decapita-tion, all in the name of the People. This was the ultimate de-capitalization of France. Social Credit proposes that the...
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salvation through inflation the economics of social credit phần 1 pps
... Today, the de-tails of Social Credit economics no longer interest anyone out-side of one of the tiny, struggling national organizations thatstill call themselves Social Credit. ” Meanwhile, the ... innovation. The economic ideas of John Maynard Keynes, another apostle of fiat money and government fine-tuning of the economy,triumphed because he offered them in the middle of the worstdepression ... of the future, to the extent that hebelieves that this dispensation has a future. A good example of this sort of long-forgotten discard is Social Credit. Social Credit and “Real Bills” The Social...
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salvation through inflation the economics of social credit phần 2 ppsx
... 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 ... chalIenge to the universal laws of chemistry. But at least the Christian affirms the existence of miracles irrespective of the hypothetical universal laws of chemistry.There is another problem ... currency in a matter of months. The Bank of England has done a far better job in preserving the value of the British pound, 1694 to the present. But neither the politicians nor the central bankers...
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salvation through inflation the economics of social credit phần 3 pps
... blueprint. The Opportunity of a LifetimeIn 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 alsodetailed criticisms of their socialist opponents, but they neverdid offer a positive program. They ... thataspect of the teachings of Jesus, but as a believer in the uniquedivinity of Jesus the Messiah? If they cannot do this, their fol-lowers need to question the theological origins of Social Credit. 60SALVATION...
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salvation through inflation the economics of social credit phần 4 docx
... 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 bankscreate financial credit. ... association of peopleengaged in the production of Real Credit, and in this sense the State, as the custodian of the Real Credit of the community, maybe said to represent the interests of Producer ... tenants-for-life.”~ Social Credit would put all but the rich on the dole.Why is Social Credit regarded as conservative? The Premises of Socialism Social Credit is socialistic in its basic...
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salvation through inflation the economics of social credit phần 5 pptx
... 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 ... openlyfollowed the monetary theory of the self-taught16 economist, J.A. Hobson, who argued, as Douglas summarized him, for the inadequacy of the money available in the hands of the public tobuy the ... question of beliefabout the conditions of the market, i.e., belief about the nextbuyer or seller. A seller thinks there is another buyer justaround the corner A buyer thinks there is another...
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salvation through inflation the economics of social credit phần 6 docx
... 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 arephysically the same. The tickets ... tickets do not.152 SALVATION THROUGH INFLATION Major Douglas’ Confusion: Money and Credit The problem for Social Credit is that Douglas confused the issue of credit with the issue of money. This ... the issue of credit. Such a monopoly is mandatory in So-cial Credit economics: for the experts to fill in the formula withaccurate data, they would need to control the creation of credit. They...
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salvation through inflation the economics of social credit phần 8 pot
... 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 topersuade his readers of the centrality of finance and the evilsthereof. The Protocols were in fact a forgery produced by the Czar’s ... Social Credit remove assetsfrom one group and transfer them to another? Through the monopoly of money creation and credit allocation. The State’s credit masters reward favored producers at the expense...
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salvation through inflation the economics of social credit phần 9 doc
... of. funds, but244 SALVATION THROUGH INFLATION different kind of break from the one he hypothesized in hiscritique of bank credit. The A + B Theorem has nothing to doanalytically with the credit ... brought up the A + B Theo-rem? In short, wh~ does the supposed dilemma of the A + B Theoremapply only to today’s capitalism?If the answer is “bankers,” then the defender of Social Credit must ... analytical tool of criticism is wrong. To the extent that Social Credit economics relies on the A + BTheorem, Social Credit economics is wrong.What About After the Reform?For all the attention...
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salvation through inflation the economics of social credit phần 10 docx
... 228utopian, 24- 27 valuation, 200wages, 72 -73 , 172 -73 welfare State, 78 why Sotil?, 186work, 211-12(see also Douglas, C. H.)socialismDouglas &, 1 97 guild, 145heart of, 188premises, 75 -78 society, ... 1966. 272 SALVATION THROUGH INFLATION suade the former prophets to abandon their system of prophe-cy? Never! They just draw up new prophecy charts. Or theirdisciples do. I think it is the same ... 219popes, xxixPopuIism, 12-132 74 SALVATION THROUGH INFLATION Incoherence Will Distract the TroopsThis tactic has been basic to Social Credit ever since 19 17. Social Credit is incoherent: inherently...
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