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Message 3386
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| Subject: | Re: [socialcredit] Social Credit and Inflation--and related issues | | Date: | Sunday, February 12, 2006 08:21:59 (-0800) | | From: | Joe Thomson <thomsonhiyu @....ca>
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(Bill McGunnigle wrote:-) " .....a theory that inflation has
nothing to do with money or product availablity, but is the direct result
of propaganda perpetrated by banking organisations who encourage price
increases by simply stating that inflation is increasing and prices must
increase to compensate for it.".
(Joe replies:-) How does the banker benefit from price increases through
'inflation' which continually reduce the purchasing power of his profit?
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