Blogs

SCE: A Comprehensive Guide to Social Credit and the Economy


A Book Review of Social Credit Economics   'Dedicated to Thinking Persons Everywhere'.      From the outset, Social Credit Economics (SCE) demonstrates that it is a well-thought-out, thought-provoking tome for thoughtfu...

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Social Credit USA 2017 - A Monetary System for all Americans


Isn’t it about time that we had a financial system that worked for all Americans? The Social Credit proposals of the engineer, Clifford Hugh Douglas, explain the kind of monetary reform that needs to be implemented in order to fix our curren...

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The Liberation of Leisure


     In our modern, fast-paced society that holds servile work and the fanatical pursuit of money to be the primary aim of our very existence, every adult man and woman must have a paid ‘job’ in order to survive and feel...

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The Social Credit Bottom Line


     The modern, industrial system possesses an enormous productive capacity, both actual and potential, to meet our legitimate needs for goods and services. With every technological advancement we can produce more and/or better wit...

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What's Wrong with the Financial System? A Social Credit Perspective


     At the very heart of the modern economy we find this thing called ‘finance’. Finance is to the economy what an operating system is to a computer. For it is the financial system which allows an economy’s &lsquo...

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The Centenary of Social Credit (1917-2017)


     Today, January 20th, 2017 — besides being the Presidential Inauguration Day in the United States — is the 138th birthday of Major Clifford Hugh Douglas, the founder of Social Credit.      T...

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Social Credit and the Family


     The idea of a family is that of a social unit of human beings which has traditionally been composed of: two adults, one male and one female, and then children or offspring that are biologically begotten by the adult male and fe...

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The Diffidence of Distributists


     From something a Distributist once said to me about the primacy of the moral in economics, I wonder if the following might explain Distributism’s reticence where Social Credit was concerned.      Distribut...

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Dividends Instead of Debts


     Just last week, Equifax Canada, a credit reporting agency, revealed that the average outstanding consumer debt per adult person in Canada (excluding mortgages) had increased 3.6% over the course of a one-year period to 22,081 C...

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Migration Madness


As a follow-up to my recent blog entry "Social Credit and Mass Migration", I thought it would be instructive to examine the various issues that are at play in a more concrete fashion. The following article is taken from the November issue of ...

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The Puzzle


     The world in which we live can seem like a strange and incoherent puzzle.      For those that take more than a passing interest in world affairs we have before us an array of pieces. We see the problems of pover...

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A Social Credit Proclamation


     The financial system, that is, the banking, cost accounting, and tax systems, can either serve the common good, or else it will serve an oligarchic elite at the expense of the common good.      The present syste...

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Doit-il être Dieu ou Mammon?


    HOMÉLIE 25ième DIMANCHE      «Vous ne pouvez servir Dieu et Mammon». Si vous prétendez glorifier Dieu le dimanche, à l'église, et le reste de la semaine vous l'oubli...

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Crisis, Poverty, and the Undiscovered Country


     The purpose of this essay is to give an explanation of the economic crisis which afflicts Australia and much of the world. By economic crisis I am referring to the growing gap between the rich and the poor, the ever rising cost...

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Crédito Social y Migración Masiva


     Vivimos ahora en una era de migraciones masivas y de rumores de migraciones masivas. Con el término de “migración masiva” nos estamos refiriendo, por supuesto, al movimiento, no solamente de grand...

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Social Credit and Mass Migration


     We live now in an age of mass migrations and of rumours of mass migrations. With the term ‘mass migration’ we are referring, of course, to the movement, not merely of large numbers of people, but of whole groups of ...

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Shall it be God or Mammon?


  Homily given by Deacon Jean-Nil Chabot on Sunday, September 18th, 2016 (25th Sunday in Ordinary Time) at Saint Hedwig's Parish, Barry's Bay, Ontario ''You cannot serve both God and Mammon'' Mathew 6:24.       If ...

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Crédito Social: Una introducción para distributistas


Este artículo fue originalmente colgado en la red por The Distributist Review el 11 de Abril de 2016: Social Credit: An Introduction for Distributists: http://distributistreview.com/social-credit-introduction-distributists/. (Se han incorpo...

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Social Credit in a Sentence


     What is Social Credit?     I have often been asked to explain it in a nutshell. So, as far as the purely economic aspects of Social Credit are concerned, here it goes:      Social Credit is a prop...

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Our Broken Money Instrument


     Clearly the satisfaction of citizens’ material needs is not the objective of the present economic order. Australians will be painfully aware that the purpose of economics is ‘jobs and growth’ or, in other word...

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What Social Credit Can Do for Distributists


      As I explained in my first article for The Distributist Review: Social Credit: An Introduction for Distributists, the economic proposals of Social Credit aim at the establishment of a widespread distribution of priva...

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El Sol Nunca Dice…


 “Aún después de todo este tiempo,      el sol nunca dice a la tierra,       ‘Estás en deuda conmigo’.Mira lo que pasa con un amor como é...

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Social Credit: An Introduction for Distributists


                                  This article was originally posted on-line by The Distributist Review on April 11, 2016: http://distributistrev...

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The Social Credit Path to Sustainable Consumption


The following paper will be presented at the SCORAI conference at the University of Maine in June: http://scorai.org/scorai-2016/            In the period between the two world wars, a British engineer by the n...

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The Folly of Full Employment


.     One of the axioms of the existing economic order is the policy of ‘Full Employment’ (FE). Everyone must work for his daily bread or be dependent on those who do (via either redistributive taxation or increased publ...

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Social Credit: An Economic Model for Personalists


     One of the more worthwhile currents in contemporary philosophy is the school of thought known as ‘personalism’. Whereas other philosophers might ponder on the nature of knowledge, of morality, or of ultima...

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4th Industrial Revolution May Leave Many Workers Behind


            Reprinted with permission from the Progressive Populist: http://www.populist.com/22.4.anderson.html      When Vice President Joe Biden made his 10th appearance at the annual ...

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Charities? Bah, humbug!


     At the end of Mass last Sunday, we were treated to an urgent appeal on behalf of the community food drive. I find these appeals incredibly annoying.      I dislike charities, all charities ... and it is not beca...

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La Distribución del Crédito


“[Es] correcto decir que, en última instancia, el núcleo del problema puede expresarse en cuatro palabras: “el monopolio del crédito”; y que la solución a ese problema está contenida tambi&eacut...

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Un resumen del Crédito Social


El siguiente artículo (incluyendo el prefacio) fue escrito por el ya fallecido Victor J. Bridger, que fue un Creditista Social de larga data originario de Australia. El Sr. Bridger, que intentó popularizar de varias formas el Cr&eacu...

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The Sun Never Says ...


  "Even after all this time, the sun never says to the earth, ‘You owe me’. Look what happens with a love like that... It lights the whole sky."        The foregoing poem is widely, and quite probably falsel...

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An Introduction to Social Credit


The following article will be published in the first edition of the Portuguese Journal "Libertária"       In the broadest sense of the term, 'Social Credit' refers to the philosophical, economic, political, and his...

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La Política como Ventas


     Las primeras líneas con las que comienza el libro de Douglas The Monopoly of Credit, publicado por primera vez en 1931, dicen:      “No puede haber escapado a la observación de cual...

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Usura, Crédito Social y Catolicismo


      Tal y como intenté mostrar en mi reciente entrada en el blog sobre “Crédito Social y Usura”: http://www.socred.org/index.php/blogs/view/credito-social-y-usura, la afirmación de que la...

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Sí, Virginia, los bancos realmente crean dinero de la nada


     Justo el año pasado, el Banco de Inglaterra admitió abiertamente que los bancos privados son responsables de crear la mayor parte de la oferta monetaria de la nada. Esto es significante porque, aunque la verd...

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¿Qué es el “Monopolio del Crédito”?


    Al hojear la literatura del Crédito Social, una frase que uno se encuentra muy frecuentemente es la de “Monopolio del Crédito”. De hecho, El Monopolio del Crédito fue el título de la &uacu...

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An Outline of Social Credit


     The following article (including the foreword) was written by the late Victor J. Bridger, a long-standing Social Crediter from Australia. Mr. Bridger, who had attempted in various ways to popularize Social C...

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La salud y el Canon


(Foto al lado: el Poderoso Brote del Girasol)       Un componente clave de la filosofía, o la “concepción de la realidad”, que subyace al Crédito Social es la idea de que el universo est&a...

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La cognoscibilidad de la Finanza


       La finalidad de las propuestas del Crédito Social en relación con la finanza consiste en hacer que las cifras se adecuen a los hechos. [1] En otras palabras, la subordinación de la finanza ...

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La obsesión puritana de América con el trabajo


      Hace unos pocos meses, Abby Martin, de Russia Today, criticó la insana obsesión con el trabajo que caracteriza a la cultura americana. El americano medio entre los 25 y 54 años y que tiene al men...

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Crédito Social y Usura


     Uno de los más comunes malentendidos en lo que al Crédito Social se refiere consiste en la noción de que el diagnóstico del Crédito Social puede ser resumido adecuadamente de la siguiente...

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Crédito Social y Guerra


    Como hoy es el Día del Recuerdo: https://es.wikipedia.org/wiki/D%C3%ADa_del_Recuerdo, pensé que sería apropiado traer a consideración precisamente una de las implicaciones de la teoría del Cr&e...

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Los seres humanos no necesitan aplicarse


      El siguiente video, titulado “Los seres humanos no necesitan aplicarse”, ha recibido más de 2 millones de visitas en youtube. Explica cómo el desarrollo de máquinas inteligentes (orde...

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Una recensión de “La Economía del Crédito Social y la Doctrina Social Católica”


     La siguiente recensión de mi pequeño libro La Economía del Crédito Social y la Doctrina Social Católica fue recientemente publicada por James Reed en Australia: CATHOLIC TEACHING AND THE ...

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A propósito de: "Los errores sobre el dinero que pueden costarle más caro"


     De acuerdo con la última edición de “Money Minute”, el Banco Real de Canadá ha descubierto que el 75% de los canadienses tienen dificultades en poder liberarse de las deudas de consumo y qu...

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Día de Liberación Fiscal – Canadá


     Una vez más este año el Canadian Fraser Institute ha calculado diligentemente el “Día de Liberación Fiscal”: “El Fraser Institute calcula anualmente el Día de Liberaci&o...

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A Review of Social Credit Economics


  The following review of Oliver Heydorn's Social Credit Economics by Brent Ranalli will be published in the next edition of Basic Income Studies. It is already available on-line here: http://www.degruyter.com.ezp-prod1.hul.harvard.edu/...

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The Distribution of Credit


“[I]t is accurate to say that ultimately the core of the problem can be put into four words - “the monopoly of credit,” and that the solution of the problem is also contained in four words - “the distribution of credit.&rdq...

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Oui, Les Banques Créent L’Argent à Partir de Rien


     L'année dernière, la Banque d'Angleterre a ouvertement admis que les banques privées sont responsables de la création, à partir de rien, de la plus grande partie de la masse monétaire. ...

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What is the 'Monopoly of Credit'?


     In perusing Social Credit literature, a phrase that one encounters quite frequently is the “Monopoly of Credit”. Indeed, The Monopoly of Credit was the title of C.H. Douglas’ last major technical work dedicate...

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Crédito Social: Entonces y Ahora


    El Crédito Social es la creación del Mayor C. H. Douglas. Durante la Primera Guerra Mundial, se le solicitó para que arreglara algunos problemas en una fábrica de aeronaves en Farnborough, y se top&oa...

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Organic Society


    Reposted with permission from http://socialcredit.com.au/         Can we rediscover ourselves? Could we then discover each other? Whether these questions are as crazy as they may seem at first sig...

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The Economic 'Grace' of Social Credit


"The unacknowledged, but obvious, truth is that unnecessary work, imposed by either edict or contrived financial legerdemain, is slavery and servitude—totally irrational and immoral. Every engineer worthy of the name is trying to eliminate t...

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Subsidiarity, Distributism, and Social Credit (or Three Acres and a Cow)


    Reposted with permission from: http://socialcredit.com.au/       “Subsidiarity” is the name given to the principle that a central authority should have a subsidiary function, performing only...

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Laudato Si and Missed Opportunities


    The latest encyclical, Laudato Si, is generating a great deal of heat both inside and outside of the Catholic Church – and more heat than light I am afraid. Instead of discussing the various and, in some cases, quite serio...

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Un llamamiento al Pueblo Griego


   A lo largo del curso de los últimos años, el pueblo griego ha tenido experiencia de primera mano del hecho de que los sistemas financiero y económico modernos no funcionan. Puede que no sepan, sin embargo, por qu&...

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Sinopsis del Crédito Social


Ésta es una versión ligeramente más larga del artículo que apareció en la web de Henry Makow: Social Credit - a simple explanation - henrymakow.com      El Crédito Social se refiere a ...

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El Crédito Social Explicado en 7 Puntos


     A medida que crece el interés en la economía de Crédito Social, resulta importante proveer a la gente con resúmenes exactos y exhaustivos del análisis y de los remedios propuestos de Doug...

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Crédito Social: Una Simple (si bien algo larga) Explicación


  El fundador del movimiento del Crédito Social, el Mayor Clifford Hugh Douglas (1879-1952), identificó correctamente la causa de nuestras perennes dificultades económicas, y también desarrolló una serie de...

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Es Hora de Dar Ya un Giro Copernicano Económico


  La economía industrial moderna (así como la civilización en general) se encuentra en extrema necesidad de una transformación de tipo copernicano: el crédito financeiro de la sociedad ha de subordinarse a ...

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Un Resumen De La Reforma Monetaria Del Crédito Social


    Aunque estoy profundamente en desacuerdo con la cosmovisión y espiritualidad tipo “New Age” de Walter Russell, pienso que él estuvo en lo cierto cuando afirmó que la misma esencia del universo cr...

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The Dog Exists


    Imagine this situation. Your neighbour’s dog keeps you awake at night with its relentless barking. You go to your neighbour, tell him the problem and ask him what he is going to do about it. His response is to tell you the...

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La (¡gran!) diferencia entre un “Ingreso Básico” y el Dividendo Nacional


     Parece que más y más gente en varios países está empezando muy seriamente a tomar propuestas para la introducción de un ingreso básico.      De acuerdo con la ...

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Acerca de: la cada vez menor necesidad de fuerza de trabajo


     El siguiente comentario fue presentado por Wally Klinck en referencia a una reciente entrada en un blog: The Shrinking Need for a Workforce: This Time its Different.: http://mikestreetstation.wordpress.com/2014/09/01/the-s...

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The Flaw in The Circular Flow


     In the modern world money is simply accountancy. It's issued by banks for production. Producers distribute it as effective purchasing-power as wages, salaries and dividends which are a part of industrial costs and prices. Indus...

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Rocco Galati and the Lawsuit 'against' the Bank of Canada


    Finally, the mainstream media is covering constitutional lawyer Rocco Galati's case against the Bank of Canada. In essence, the Bank of Canada, which, unlike many other central banks, is a public institution,...

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The Knowableness of Finance


     It is the purpose of Social Credit proposals regarding finance to make the figures fit the facts.[1] In other words, the subordination of finance to reality.      It would be expected in this age of confusi...

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El verdadero “Dinero Helicóptero”


     Un amigo recientemente trajo mi atención sobre un artículo muy interesante subido por “Tyler Durden” en Zerohedge.com: http://www.zerohedge.com/news/2014-08-26/it-begins-council-foreign-relations...

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¿Por qué el Crédito Social no es Socialismo?


     Una de las principales equivocaciones en la que insisten a menudo los recién llegados a esta materia es que el “Crédito Social” debe ser alguna forma de socialismo ya que, después de todo, ...

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Una conversación con un agente de préstamos


Hace algún tiempo, tuve la siguiente conversación con un agente de préstamos de un gran banco canadiense: Wally: Cuando usted emite estos préstamos a los prestatarios, usted crea dinero de la nada, ¿no es as&iac...

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A Brief Response to Dick Eastman


After reading Dick Eastman's recent post on Abeldanger: http://www.abeldanger.net/2015/03/populist-social-credit-or-north.html, I am left asking myself: where does one begin? For the sake of the record, let me make it clear that: 1. I do no...

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Politics as Sales


  The opening lines of Douglas’ The Monopoly of Credit, first published in 1931, say:     "It cannot have escaped the observations of anyone interested in the welfare and orderly progress of society that, more especi...

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A Synopsis of Social Credit


     Social Credit refers to the philosophical, economic, political, and historical ideas of the brilliant Anglo-Scottish engineer, Major Clifford Hugh Douglas (1879-1952).      As far as the sphere of econ...

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El Significado del Ocio


     Unos pocos días atrás, un amigo mío atrajo mi atención a un artículo que había sido recientemente publicado en Crisis Magazine. El artículo se titulaba “Por qué...

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Social Credit: Then and Now


    Social Credit is the brainchild of Major C. H. Douglas. During World War l, he was asked to sort out some problems at an aircraft factory in Farnborough and came across a discrepancy in their books. The factory generated costs a...

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A + B: Una réplica matemática a una objeción


     En su libro Credit-Power and Democracy, C. H. Douglas introdujo su teorema A + B de la siguiente forma:      Una fábrica u otra organización productiva tiene, junto con su función ...

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The Social Credit Angle


     Systems that aim to organise people can be placed into one of two groups; systems that limit peoples' freedoms and those that increase them. The latter philosophy is the foundation of the Social Credit movement conceived b...

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El núcleo central de la cuestión principal del Teorema A + B de Douglas (y, por ende, del diagnóstico económico del Crédito Social)


     Uno de los aspectos clave, si no el aspecto clave, del análisis del Crédito Social de la disfunción financiera y, por ende, económica, tiene que ver con la deficiencia crónica y subyacent...

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Yes, Virginia, the Banks Really Do Create Money Out of Nothing


     Just last year, the Bank of England openly admitted that the private banks are responsible for creating the bulk of the money supply out of nothing. This is significant, because although the truth about the&...

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¿En qué consiste todo esto del Crédito Social?


     Como ésta es la primera entrada en el cuaderno de bitácora de “El Instituto Clifford Hugh Douglas para el Estudio y Promoción del Crédito Social”, parece conveniente tratar abiertame...

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A National Dividend vs. a Basic Income - Similarities and Differences


     At the height of the Great Depression, the founder of the Social Credit movement, Major Clifford Hugh Douglas (1879-1952), described the proposal for a National Dividend in the following terms:      We...

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The Case to "Reinstate" the Bank of Canada


     There is a very interesting legal case that is playing out in Canada at the moment. William Krehm, Anne Emmett, and Comer (The Committee for Monetary and Economic Reform: http://www.comer.org/) filed a lawsuit on...

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An Appeal to the Greek People


     Over the course of the last few years, the Greek people have had first-hand experience of the fact that the modern financial and economic systems do not work. They may not know, however, why they do not work and what can b...

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Health and the Canon


      (Photo at left: The Mighty Sunflower Sprout)       A key component of the philosophy, or the 'conception of reality', which underlies Social Credit is the idea that the univer...

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A Synopsis of Social Credit


 This is a slightly longer version of the article which appeared on Henry Makow's site: http://henrymakow.com/2015/01/social-credit-a-simple-explanation.html.        Social Credit refers to the philosophical, econom...

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A Social Credit Post on henrymakow.com


       Just yesterday, Henry Makow posted the most succinct explanation of the economic aspects of Social Credit that I have written to date. The article may be found here: http://henrymakow.com/2015/01/social-credit-a-s...

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Usury, Social Credit, and Catholicism


     As I tried to show in my recent blog entry on “Social Credit and Usury”: http://www.socred.org/index.php/blogs/view/social-credit-and-usury, the claim that usury, defined as the charging of interest on loa...

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Monopoly - A Short Film


     Georgiana (Gigi) Pinwill from Australia has just initiated a very exciting and promising project. She has prepared a script entitled "Monopoly" for a short film, which will hopefully serve as the starting point f...

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Social Credit: A Simple (If Somewhat Lengthy) Explanation


  The founder of the Social Credit movement, Major Clifford Hugh Douglas (1879-1952), correctly discerned the cause of our perennial economic difficulties and also developed a series of proposals to effectively deal with the  underlying...

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It's Time for an Economic Copernican Turn


     The modern, industrial economy (and civilization at large) is in dire need of a Copernican-style transformation: society’s financial credit must be subordinated to its real credit. The Social Credit monetary reform p...

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Social Credit Explained in 7 Points


     As interest in the economics of Social Credit grows, it is important to provide people with accurate and comprehensive summaries of C.H. Douglas' analysis and remedial proposals. In what follows, I will outline in seven&nb...

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LifeSite News and Social Credit


LifeSite News, which receives millions of hits every year, has picked up my blog entry on the importance of establishing a financial system system that is actually supportive of life and families:  https://www.lifesitenews.com/opinion/we-can...

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Re: An Open Letter to the Australian People


 "What we saw in the main hall of the Winton Shire Council on Friday simply defied all description: a room filled with hundreds of broken and battered refugees from our own country."    - Dr. David Pascoe     &nb...

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Is Income Inequality the Central Economic Problem?


     In a blog entry that is well worth reading entitled "What Choice Do We Have?", Charles Hugh Smith discusses the extreme and ever-increasing income inequality that characterizes economic life in the modern wo...

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The Pro-Life Movement Needs Social Credit


     While I am staunchly pro-life and hold that direct abortion should be prohibited by force of law (as it was under British common law and throughout the Western world until the sixties and seventies), it is important to rec...

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The Mike Bower Initiative


      In the past few months, Michael Bower from the United States has generously donated a significant amount of money in order to purchase author copies of Social Credit Economics and to have them mailed to various ...

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Scotiabank's Profits and Lay-Offs


     One of Canada's big 5, Scotiabank, recently announced that it will be cutting 1,500 jobs. This, in spite of the fact that the bank has, so far this year, earned as much as 5.57 billion dollars in profit ... ...

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El Crédito Social - Hispanismo.org


     Quite recently, Martin Ant has translated a number of blog entries from this website into Spanish and has made them available on Hispanismo.org. Most of these can be found at the following address: http://hispanismo.o...

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Le Dividende Universel pour la Suisse


     Les machines, robots, ordinateurs rendent le "travail humain rémunéré" (dans chaque industrie) de plus en plus rare, c'est un fait. Promettre des emplois classiques est un gigantesque mensonge, un...

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Social Credit Perspectives: What is Wrong with the Economy?


     The following was submitted by Liam Allone of http://www.economiccures.com/      I can demonstrate the fundamental gap or “shortage of money” that is built into the money system the entire ...

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David Gleicher's Blog Entries


     There are a number of professional economists who have commented favourably on some of C.H. Douglas' main ideas. Most recently, Professor David Gleicher from Adelphi University has published a number of entries o...

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Three Guiding Social Credit Principles


     As a philosopher, I have a great appreciation for the importance of foundational principles.      When trying to grasp the Social Credit approach to economic matters, it is important to keep the follow...

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Portugal precisa do Crédito Social (und Deutschland auch)


      Portugal has a long history of expressing social and political commentary and activism in musical forms. Indeed, the near bloodless coup which toppled the dictatorship in the 1974 Carnation Revolution was h...

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Social Credit and Usury


     One of the most common misunderstandings where Social Credit is concerned is the notion that the Social Credit diagnosis can be adequately summarized along the following lines: "The problem with the existing financial syst...

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A Summary of the Social Credit Monetary Reform


      Although I disagree profoundly with Walter Russell’s ‘New-Agey’ worldview and spirituality, I think that he was on to something when he claimed that the very essence of the created universe con...

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The (Big!) Difference Between a 'Basic Income' and the National Dividend


      It seems that more and more people in various countries are starting to take proposals for the introduction of a basic income quite seriously.      According to the bien network: "A basic income ...

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America's Puritanical Obsession with Work


     A few months ago, Abby Martin from Russia Today criticized the unhealthy obsession with work that characterizes American culture. The average American between 25-54 who has at least one child spends nine hours every day wo...

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The Importance of Folk Culture


     In our contemporary world, dominated as it is by a dysfunctional (read unbalanced) financial system that is leveraged by a credit monopoly, indigenous folk cultures are being threatened and gradually eroded. Their replacem...

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A Review of "The Economics of Social Credit and Catholic Social Teaching"


The following review of my booklet The Economics of Social Credit and Catholic Social Teaching was recently published by James Reed in Australia: http://thecross-roads.org/index.php/political-science/5-catholic-teaching-and-the-economics-of-socia...

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Global Debt Clock


Some readers may already be familiar with the U.S. debt clock: http://www.usdebtclock.org/. The Economist also publishes a global debt clock which deals exclusively with national public debts: http://www.economist.com/content/global_debt_clo...

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Re: The Shrinking Need for a Workforce


The following comment was submitted by Wally Klinck in reference to a recent blog entry: http://mikestreetstation.wordpress.com/2014/09/01/the-shrinking-need-for-a-workforce-this-time-its-different/.      Your article of Septe...

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Humans Need Not Apply


     The following video, entitled "Humans Need not Apply", has received over 2 million hits on youtube. It explains how the development of intelligent machines (computers, robots, etc.) now threatens many of the occupatio...

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Real 'Helicopter Money'


     A friend recently brought my attention to a very interesting article posted by "Tyler Durden" on Zerohedge.com: http://www.zerohedge.com/news/2014-08-26/it-begins-council-foreign-relations-proposes-central-banks-should-han...

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Why Social Credit is not Socialism


     One of the chief misapprehensions under which newcomers to the subject often labour is that 'Social Credit' must be some form of socialism because, after all, the phrase encompasses ...

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A Conversation with a Loans Officer


Some time ago, I had the following conversation with a loans officer from a major Canadian bank:   Wally: When you issue these loans to borrowers you create the money out of nothing, don't you? Banker: (with slight hesitation) Yes, th...

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Tax Freedom Day - Canada


  Once again this year, the Canadian Fraser Institute has dutifully calculated “Tax Freedom Day”: “The Fraser Institute annually calculates Tax Freedom Day in order to provide a comprehensive and easily understood indic...

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Re: "The Costliest Money Mistakes"


     According to the latest edition of the “Money Minute”, the Royal Bank of Canada has discovered that 75% of Canadians struggle with consumer debt and that, on average, they owe 16,000 dollars per head (not including ...

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The Meaning of Leisure


     A few days ago, a friend of mine brought my attention to an article that had been published just recently in Crisis Magazine. The article was entitled “Why Leisure is the Remedy for Sloth”: http://www.cri...

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New Zealand Social Credit Party - 60 year anniversary


     The New Zealand "Democrats for Social Credit" Party is celebrating its 60th anniversary this coming weekend:      https://nz.news.yahoo.com/a/-/top-stories/24582295/democrats-for-social-credit-party-celebrates-6...

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A+B: A Mathematical Reply to an Objection


    In his book Credit-Power and Democracy, C.H. Douglas introduced the A+B theorem as follows: "A factory or other productive organization has, besides its economic function as a producer of goods, a financial aspect – it ma...

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The Core of the Core of Douglas’ A+B Theorem (and hence of Social Credit’s Economic Diagnosis)


      One of the key aspects, if not the key aspect, of the Social Credit analysis of financial and hence economic dysfunction has to do with the chronic and underlying deficiency in consumer purchasing power relative to t...

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What is Social Credit All About?


      As this is the inaugural blog entry for 'The Clifford Hugh Douglas Institute for the Study and Promotion of Social Credit’, it seemed fitting to deal upfront with the central question which invariably preoccupi...

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