| Subject: | Re: [socialcredit] usury et al | | Date: | , August 23, 2005 21:48:13 (+0200) | | From: | cymric <cymric @.......nz>
|
Howdy William,
There are clearly two major areas of the problem of economics that Douglas
promoted as in need of restructuring.
One was the debt money system ( fractional reserve banking whether private or
state) and the other was the faulty costing/pricing system.
You have contributed fabulously in the second area but seem to take up the
position of defence council in the former.
I see clearly a split developing among thinkers in and around S.C.
One is holding to the whole balance of the Douglas exposure and remedy and the
other are merely interested in a dividend on the asumption it will close the gap
and counterbalance exponential debt!
If the latter was credible then Douglas obviously went a bridge too far in
advocating a National Credit Authority. If there is no NCA then the dividend
would have to be as exponential as the debt.
A packet of chewing gum would cost an afordable trillion dollars and the
'Bridge' of the good-ship Utopia still controlled by the international bankers.
Peter H
"William B. Ryan" <w_b_ryan@yahoo.com> wrote:
>
> "When the banking system acts as a public agent in its
> money-creating function, then I am thinking it will
> want to act more like a partner in production rather
> than treating money as a commodity by lending it at
> interest."
|
Re: [socialcredit]
Reply to this message