| Subject: | [socialcredit] natural monopoly | | Date: | Monday, October 10, 2005 10:33:21 (EDT) | | From: | Triumphofthepast <Triumphofthepast @...com>
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"The financial system is a natural monopoly." (Dan)
I would not disagree, in that it is the administration of the Cultural Heritage, which belongs to the nation as a whole. Douglas never suggested that a national money system be replaced by a myriad of national money systems.
"That requires the implementation of checks and balances upon its administration to preclude it becoming the means of oppression." (Dan)
That is a mere negative. But we social crediters say it requires that the financial system be compelled to act as a public agent in its money-creating function -- a positive desideratum.
Michael
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natural monopoly
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