Rates of Flow of
Prices and Purchasing Power
A
factory or other productive organization has, besides its economic function as a
producer of goods, a financial aspectit may be regarded, on the one hand as a
device for the distribution of purchasingpower to individuals through the media
Thanks for this, Victor. Clear, succinct and
enlightening.
Keith
- Original Message -
From:
Victor Bridger
To: Social Credit
Sent: Friday, June 27, 2003 11:05
PM
Subject: RE: [SOCIAL CREDIT] Douglas
quotes.
Rates of Flow of
Prices and
No one could argue with the man's own words, as Douglas has expressed them here. Thanks, Vic.
Joe==^^===
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Douglas states facts. It is what you make of those
facts that is or is not the argument with Douglas.
If you take the statements to mean that Douglas is
saying that interest or bank financing should be
abolished, you are arguing against Douglas--for
Douglas
Below is H.M.M.s article on A+B from 1935, reduced
to a 50KB text file from its original 1.5MB pdf
format.
It is also archived at
http://www.geocities.com/socredus/compendium/hmm1.txt
It boggles my mind that this could be written by the
same person who wrote the chapter published twenty-
two
Yes, I agree with that the community should not pay any interest on any
loans.
Nuradli Ridzwan Shah Mohd Dali
Lecturer
Dept. of Accounting Finance
College of Business Management
Universiti Tenaga Nasional
Kampus Muadzam Shah
Bandar
---Bill, why should the community pay interest on
something that has been created out of thin air? ---
Every contract is created out of thin air.
---The point is that all money is created as debt to
the banking system. Douglas recognised this but
unfortunately Bill you do not!---
How do
The term itself was the title of a book by Houston
plastic surgeon Jacques Jaikaran. It is the theory
that interest is the cause of the disparity between
prices and purchasing power. The advocates of the
theory argue that banks should be prohibited from
creating money, but should only
