| Subject: | Re: [socialcredit] Social Credit and Inflation--and related issues | | Date: | Monday, February 13, 2006 07:56:48 (+1300) | | From: | Peter Haines <cymric @.......nz>
|
| In reply to: | Message 3386 (written by Joe Thomson) |
I think if we extend the 'inflation industry' to the next level which is
speculation/futures etc, we might see part of your answer Joe.
Loss of purchasing power at the micro-consumer level isnt necessarily a
concern of bankers who are more interested in the macro level based on small
movements/ big volumns guaranteed by inflation and counter-inflation.
Peter H
----- Original Message -----
From: "Joe Thomson" <thomsonhiyu@shaw.ca>
To: <socialcredit@elistas.com>
Sent: Monday, February 13, 2006 5:21 AM
Subject: Re: [socialcredit] Social Credit and Inflation--and related issues
> (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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