I have the impression that our learned friends on this panel sometimes dodge
the simple questions, the answers to which could lead to popularising Mr
Douglas´ ideas, and often resort to verbal abuse to silence the enquirer. To
start afresh, with no animosity, I ask, What, precisley defined, is
In a message dated 6/16/03 11:32:22 PM Pacific Daylight Time, [EMAIL PROTECTED] writes:
have the impression that our learned friends on this panel sometimes dodge
the simple questions, the answers to which could lead to popularising Mr
Douglas´ ideas, and often resort to verbal abuse to
-And I believe he's right about 'interest/usury' being mistaken as the sole cause of the problem by many so-called 'Social Credit groups. -
Forget about "sole cause." It is not even a cause--period--of the deficiency of purchasing power enunciated by Douglas.
The *cause* is the failure to
Because money is not debt but credit. The continuing
obligation is from debtor to creditor. For example,
your paycheck. But the check is good only at the
company store. You want to spend it at any store.
How is that accomplished?
--
- Original Message -
DATE: Tue, 17
"What, precisley defined, is the problem to which Mr Douglas has provided an answer?" (Jessop)
Poverty; economic insecurity; overwork; the anxiety, fatigue, and boredom that accompany these; resulting crime; stress on economic resources from rampant waste. How's that?
Michael Lane
Triumph of the
Brief replies are inserted below.
--
Date: Tue, 17 Jun 2003 00:08:21 -0400
From: Ekky Irion [EMAIL PROTECTED]
Dear Social Crediters,
I'm asking your help with understanding the aspect of
payments of interest in relation to shortage of money
supply. I'm stuck on this for several reasons.
Brief replies are inserted below:
--
Date: Tue, 17 Jun 2003 08:57:55 EDT
From: [EMAIL PROTECTED]
Dear Friends,
Ekky asks about interest and conspiracy.
There's nothing wrong with his argument about
interest per se, and I believe it would be possible
for money to be created and lent
I'm in a hurry so can't spend a lot of time on this
at the moment, so I'll just insert some quick
comments below:
--
Date: Tue, 17 Jun 2003 12:50:28 EDT
From: [EMAIL PROTECTED]
Subject: [SOCIAL CREDIT] newcredits
Dear Friends,
The moment that any of that money that was held in
Dear Friends,
In reply to the Lion's "quick comment," I have never quoted either James Robertson or Silvio Gesell.
As for the rest--Vic?
Michael ==^^===
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Bill,
Just two quick questions
regarding money creation:
1. How does money come into
existence?
2. Do banks lend their deposits?
Regards
Campbell Rayfield
==^^===
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EASY
Ekky Irionafter
finding out that money/credit is created by banks out of 'nothing', the
following question is naturally, why then do we have to pay interest on it?
(e.g., unlike paying rent for a house, a real tangible construct, paying 'rent'
for
'invented' money as in an intangible
Ekky Irionafter finding out that money/credit is created by banks out of
'nothing', the following question is naturally, why then do we have to pay
interest on it? (e.g., unlike paying rent for a house, a real tangible
construct, paying 'rent' for
'invented' money as in an intangible
Michael, I didn't say you quoted Gesell. It is true however your theories are closer
to Gesell than Douglas. I will grant you may not be aware of that.
As to Robertson, this is what you wrote this very morning in your ekkyquestions post:
Robertson also describes what he calls the Financial
As to the first Douglas quote, I should say it was a bit of rhetorical excess to a particular audience. The only similarity, however, between what I said and the Douglas quote is that the word "counterfeiter" is used in both. I've already posted to this list the photocopy ofa personal letter from
"Robertson also describes what he calls the
Financial Filter--which allows only the most well-oiled minds to pass to the
highest levels. Very intelligent people can still be completely blind when
they have sold their wills to the service of a mechanism. Douglas says
those at the top are
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