| Subject: | RE: [socialcredit] Re: [GJM] Government Spending, and Transfinancial Economics, or TFE. | | Date: | Monday, March 27, 2006 21:58:48 (+0000) | | From: | John G Rawson <johngrawson @.......com>
|
| In reply to: | Message 3727 (written by Martin Hattersley) |
Excellent comment, and perhapos we could apply it to Social Credit too?
The bits that are basic, like Douglas brilliant analysis, and those that
follow on, on their merits, treated on a rational basis?
Regards John R.
From: "Martin Hattersley" <hattersleyjm@interbaun.com>
Reply-To:
socialcredit@elistas.com
To: "Discussion Forum for Global Justice"
<Discussion@globaljusticemovement.net>,<socialcredit@elistas.com>
Subject:
[socialcredit] Re: [GJM] Government Spending, and Transfinancial Economics, or
TFE.
Date: Sat, 25 Mar 2006 12:16:05 -0700
>Could I just say that I am getting
very tired of postings that try
>to "sell" some complete solution to the world's
problems, whether
>Georgism, TFE, prayer five times a day, or whatever.
>
>I
believe we would get very much further ahead if we isolated the
>different
factors in our present economic system that need to be
>corrected - the debt
money system; the monopolization of land; the
>need for a guaranteed basic
income for all etc.
etc.
>
>I find that when I am simply asked to subscribe to a "label" of
>whatever kind, my mind shuts off.
>
>Martin Hattersley
>1970-10123-99
St.,
>EDMONTON AB CANADA
>Phone (780)423-4081;Fax(780)425-5247
>e-mail:
hattersleyjm@interbaun.com
>----- Original Message ----- From: "robert searle"
><dharao4@yahoo.co.uk>
>To: <Discussion@globaljusticemovement.net>
>Sent:
Saturday, March 25, 2006 11:54 AM
>Subject: [GJM] Government Spending, and
Transfinancial Economics, or
>TFE.
>
>
>>
>>Dear All,
>>
>> A criticism levelled
against Transfinancial
>>Economics, or TFE is that governments would be
tempted
>>to overspend. This is unlikely by the very nature of
>>the system involved.
How, and
why?
>>
>>The Treasury Bank would be an independent public
>>authority, or even
in full, or in part a type of
>>private commercial company. Unlike taxation
there
>>would be no lump sum of billions to use rightly, or
>>wrongly by any
democratic government in power. In
>>other words, new unearned money would have
to be
>>created "out of thin air" (like banks but not as a
>>repayable loan) in a
measured manner. Any finance
>>order from government would be independently
checked
>>out to ensure that the planning, and relevant
>>resources were REALLY
sound, and beneficial. This
>>process would be fast, and effective with virtually
no
>>bureaucracy.
>>
>>This approach could be used by Grant Generating
Banks
>>for specific NGOs who would have to
present credible
>>plans that were carefully costed. Any excess amounts
>>could
be applied for if absolutely necessary, and
>>would be checked out to see if
there is a genuine
>>need. Thus, the grants they receive are always given
>>in a
measured way. With donations, and fundraising
>>finance though there are large,
or small lump sums of
>>finance which a NGO may be tempted to
deliberately
>>misuse in some way...
>>
>>As can be see TFE does not create new
unearned money
>>in an irresponsible fashion. If it did it would loose
>>all
credibility as a true beneficial system of
>>finance. No doubt other laws could
be instituted to
>>ensure that funds are created responsibly.
>>
>>Ofcourse, it
must be forever remember that the influx
>>of new
unearned money into the Economic Financial
>>System leads to GREATER PRODUCTIVE
ACTIVITY WITHOUT
>>HYPER-INFLATION. This opens all sorts of new
>>oportunities
for society....It certainly goes beyond
>>Binary Economics, and Interest Free
Monetary Reform
>>which are fine, and necessary to a certain extent..
>>
>>
>>R.
Searle
>>
>>
>>PS. The Treasury Bank, and the Grant Generating Banks
>>could
under license become auto-profit companies. This
>>means that profit does not
come from their customers
>>(in this case governments, and NGOs) but
is
>>self-created under
regulation.
>>
>>
>>
>>
>>
>>___________________________________________________________
>>Win
a BlackBerry device from O2 with Yahoo!.
Enter now.
>>http://www.yahoo.co.uk/blackberry
>>
>>_______________________________________________
>>Discussion
mailing
list
>>Discussion@globaljusticemovement.net
>>http://globaljusticemovement.net/mailman/listinfo/discussion_globaljusticemovement.net
>>
>>
>>--
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>>
>
>
>
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