| Subject: | [socialcredit] most unfair | | Date: | Wednesday, December 14, 2005 12:17:39 (EST) | | From: | Triumphofthepast <Triumphofthepast @...com>
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"Your peculiar 'straightforward' reading is that the economy is not already creditary in Douglas's estimation because he uses the word 'shall' in Swanwick." (Bill)
Not at all. We all know banks create the money they lend, but that isn't what Swanwick 2 is about. It's about the fact that some credits to finance production still come from savings. Swanwick 2 says this SHALL no longer be the case. I once again point to the supporting CONTEXT abundantly supplied in "Social Credit Fragments, 2003-2005."
Michael
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most unfair
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