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6139008-History-of-Money

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27. <strong>Money</strong> without inflationThe present system is subject to inflation. Inflation means rising prices. When money cannot begin without, as today,creating a debt, it is necessary that ways be found to draw from the public more money than there was put intocirculation, so as to refund the debt plus the interest <strong>of</strong> the debt. Whence taxes, that are added to prices or that diminishthe purchasing power before the prices. Whence also increases <strong>of</strong> prices by industrials, who must draw from the publiconly the money to pay for the products, but also for the financial charges, the interests on the industrial loans. SocialCredit would suppress this cancer, this tumor upon the prices, since the production would be an increase <strong>of</strong> wealth, andnot an indebtedness. And, Social Credit would lower the prices to be paid by the buyers, since it would have thecommunity pay only what it consumes, and not all what it produces. If, as an example, in the whole country, theconsumption was only equal to three quarters <strong>of</strong> the production, the buyers would only pay, on any article bought bythem, only three quarters <strong>of</strong> the accounting price. The Credit Office would take care <strong>of</strong> compensating the retailer so thathe may recuperate all <strong>of</strong> his accounting price. This means that the amounts <strong>of</strong> money included in the prices, but nothaving reached the hands <strong>of</strong> the public, or directed towards saving or investment, are not applied to the purchase <strong>of</strong> theproduction, would be by the organism <strong>of</strong> credit replaced to the benefit <strong>of</strong> those who are in need <strong>of</strong> the products. Thiswould prevent the accumulation <strong>of</strong> products in the face <strong>of</strong> needs. And the mechanism to do it would have the advantage<strong>of</strong> operating with a decrease in prices, therefore in eliminating all possible inflation.28. A dividend to everyoneThe periodic dividend to everyone, recommended by Social Credit, is also in conformity with the economic realities. Themodern production, in fact, is more and more the result <strong>of</strong> applied science, <strong>of</strong> inventions, <strong>of</strong> improvements in productiontechniques, and <strong>of</strong> all these things that constitute a common good: an heritage transmitted and increased from onegeneration to the other. The modern production is less and less the result <strong>of</strong> individual labour. Hoping to distribute theproduction only through the reward <strong>of</strong> human labour, is therefore contrary to the facts. It is at the same time impossible,for the money distributed as recompense for work can never buy the production that contains other elements in itsprices. Seeking salary increases with decreases in human labour, is also to change the meaning <strong>of</strong> the word salary. It isno more a recompense for work; it is the inclusion in the salary <strong>of</strong> the hired persons <strong>of</strong> what should be a dividend for all,since it is the fruit <strong>of</strong> progress and not <strong>of</strong> labour. This deviation is a hindrance to the desired goal, since in becoming asalary instead <strong>of</strong> remaining a dividend, these additional amounts go into the prices. Social Credit would distribute thedividend to everyone, directly, without charging it to industry. It would truly raise everyone's purchasing power. Besidesbeing the recognition <strong>of</strong> a very productive community capital, this social dividend would at the same time be an excellentway <strong>of</strong> satisfying the primitive destination <strong>of</strong> the earthly goods. "Earth and its riches were created for all men" (Pius XII).This is totally ignored by the present economic regime in its financial technique <strong>of</strong> distribution. Social Credit would thusdirectly establish an adequate repartition <strong>of</strong> the goods <strong>of</strong> nature and <strong>of</strong> industry, instead <strong>of</strong> leaving the task to thesurgery <strong>of</strong> taxation, that amputates and grafts continually, without ever healing the disease. A share to each andeveryone, guaranteed by the dividend to each and everyone from birth till death; and this share should be sufficient to atleast insure what is necessary for life.Overview <strong>of</strong> the Feudal Bankers’ (Banksters/BankLords) ConspiracyUnited States Supreme Court Justice Felix Frankfurter is reported to have received a copy <strong>of</strong> Eva Frank's portrait from hismother, a descendent <strong>of</strong> the Prague Sabbatean Frankist family. Here is a quote from Frankfurter: "The real rulers inWashington are invisible and exercise their power from behind the scenes."-- Justice Felix Frankfurter, U.S. SupremeCourt.The following is expanded on Louis Even & Murry Gaureraux. In the old days in the barter system, 10 families could besupported by 10 men working. The wives could stay at home and raise the children properly with morals and values. Thechildren were happy in a secure environment and learned from their parents as well as helping them with their work. If acrime was committed, the community could decide the most appropriate punishment depending on the circumstances andloss involved. Children were educated concentrating on reading (phonetics) writing & arithmetic with practical andworthwhile examples. Guns were used for hunting, defense and also to keep any person from declaring himself as dictatoror king. If someone invented new technology, the other 9 could exchange their goods & services for devices that wouldreduce their work week 5 to 10 hours per week for example. If an expert gave advice, that advice would be bartered forenabling others to learn. If a new place <strong>of</strong> worship or school needed to be built, the 10 could donate or give their 10% <strong>of</strong>goods & services and the building would be fully paid for with that community gaining the benefits and/or revenue inperpetuity.Now an International Banker arrives and sells them the idea that he will lend each family $100 to speed up the transfer <strong>of</strong>goods and services. It will save time haggling and he will not charge for bookkeeping services. It is all covered in the 10%interest charge each year. The first year seems to be ok but at the end <strong>of</strong> the first year, the banker can collect his $10interest from each family and have $100 in his pocket leaving only $900 in circulation unless the banker finds someone tolend the $10 or the banker spends it himself. If the banker chooses to call in all the loans at that time, at a minimum onefamily is forced into bankruptcy due to only $900 left in the community to pay the total principle outstanding <strong>of</strong> $1,000 inthe community. These family/families are forced into bankruptcy no matter how hard they work or how smart theyoperate.The Hidden <strong>History</strong> Of <strong>Money</strong> & New World Order Usury Secrets Revealed at last! Page 34

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