| Subject: | RE: [socialcredit] The Mechanics in a Few Words on the Financial Workings of Social Credit | | Date: | Tuesday, April 1, 2008 19:39:53 (+0000) | | From: | John G Rawson <johngrawson @.......com>
|
| In reply to: | Message 5345 (written by robert searle) |
Hi Robert.
I will give you just one part of the answer, the part I regard as most important.
A National Credit Authority will draw up proper national accounts and estimate accurately the amount of new money required during the ensuing period. It will allow for what is needed to be issued per the banks in the normale way, for new production.
The remainder will be available for Dividend etc. or whatever other avenue government (small "g") decides it should be used for.
No more, no less, so that there is neither financial inflation nor deflation.
Regards. John R.
> Date: Tue, 1 Apr 2008 14:52:34 +0100
> From: dharao4@yahoo.co.uk
> To: socialcredit@elistas.com
> Subject: [socialcredit] The Mechanics in a Few Words on the Financial Workings of Social Credit
>
>
> Dear All,
>
> I know I am probably asking the impossible but
> here goes.
>
> Can anyone explain in simple English, and in a few
> words the financial workings of Social Credit (ie. the
> Dividend, Just Price,et cetera).
>
>
> Ofcourse, I understand what they are but HOW DO THEY
> WORK? Presumably a certain about of debt-free money is
> involved along with some earned money via taxation
> etc....
>
> R.Searle
>
>
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