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Dear Mr.Ryan & Mr.Sutton
You are quite right, there is nothing we can do to
alter the rotation of the earth around the sun but there IS plenty we can do -
& certainly at least TRY to do - concerning, making the availability of
money, more equitable & less exploitative. Sages throughout the ages, from
numerous places & times around the world - Christianity & Islam included
- have rightly, condemned interest as an unsustainable, unhealthy,
inequitable & so unwise system of recording productivity, effort,
creativity & facilitating trade.
Remember Fractional Reserve banking, with money
lending at interest, was only instituted in Great Britain, in the latter half,
of the last Millenium after Scotand's John Law persuaded the Bank of
England.
Sincerely - Diamantis.
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----- Original Message -----
Sent: Tuesday, August 31, 2004 6:24
PM
Subject: [socialcredit] P.S. Re:
[socialcredit] CFEPS -- Write off loans?
P.S. The best metaphor I have seen that conveys the concept is
from Michael Lane: his comparison of the Social Credit adjustments
to leap year adjustments to the calendar. There is nothing we can do
to alter the rotation of the Earth about the Sun. There is probably
nothing we can do to alter the fundamental concatenation of double entry
accounting beyond refinement. The "reformers" who attempt to
alter (through schemes to abolish "interest," "100% reserve banking"
etc.) what is probably the best of all possible accounting methods are
doomed to failure, and belittlement for their
efforts.
Jessop Sutton <sutton@kingsley.co.za>
wrote:
[snipped]
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