7 comments

• Comment Link Sunday, 31 May 2020 23:02 posted by John Kilford

  This pandemic certainly has stirred the financial/political pot of who and what should be done to not only remedy the coronavirus-19 effect on the world's economic status and it's populations well being. I am confident that the world's medical scientists will create an effective vaccine, but I feel those men and women in positions of power will continue to jostle for more power and control of the population. It is simply in their nature to do so no matter how much better the Social Credit economic, social, and environmental remedies are. The media and courthouses are full of factual evidence of the cause and effect of the current financial-political system in all governments. The same media vehicles are used to pull the wool over the populaces eyes while the pot stirrers cook up more ways to control blinded citizens. What hope do we have when the citizens are represented by wolves in sheep clothing? Here, in New Zealand, we are about to have a general election to put more power in the hands of the financial-system-bound center of government. Perhaps the pandemic might remove the weeds from our countries po
• Comment Link Friday, 16 February 2018 16:07 posted by Thomas Hegarty

  Forget the 'wordy wordy' nonsense !
  What does it mean to someone on minimum wage buying a pair of jeans or a tin of baked beans.
  How does the manufacturer turn a profit?
  Money direct from the "Treasury," see "Bradbury Pound."
  2/Sept/2015
• Comment Link Friday, 16 February 2018 16:06 posted by kyunkyun

  Thank you Oliver.
  Let me ask about interest of commercial bank in the social credit.
  Japanese social credit student says as follows.
  
  "In the social credit, all the financing from commercial bank to the company is interest-free."
  
  Is their understanding right?
  On the other hand, Louis Even explains about interest of commercial bank in the social credit as follows.
  
  "The financing from commercial bank to producer is interest-bearing."
  "The financing from commercial bank to retailer is interest-free."
  
  Is the understanding of Louis Even right?
  
  *Reference
  A Sound and Effective Financial System by Louis Even
  http://www.michaeljournal.org/soufin1.htm
  How to finance production
  http://www.michaeljournal.org/soufin4.htm
• Comment Link Friday, 16 February 2018 16:06 posted by Oliver Heydorn

  Hi Kyunkyun,
  
  Social Credit proposes a monetary system which would a) ensure sufficient producer credit (in the form of repayable loans) to catalyze the production of any good or service that is physically feasible on the one hand and needed by consumers on the other and b) sufficient additional consumer buying power in the form of a 'debt-free' National Dividend and National Discount to balance incomes with final prices in every production cycle. As far as public production is concerned, any loans necessary for financing long term projects (infrastructure or public works) could be obtained from the National Credit Office at the costs of administration.
• Comment Link Friday, 16 February 2018 16:06 posted by kyunkyun

  For example, does the social credit propose interest-free financing?
  
  Following reference
  https://en.wikipedia.org/wiki/Monetary_reform#Social_Credit_and_the_provision_of_debt-free_money_directly_from_government
  
  "Alternatively, some monetary reformers such as those in the Social Credit movement, support the issuance of repayable interest-free credit from a government-owned central bank to fund infrastructure and sustainable social projects."
• Comment Link Friday, 16 February 2018 16:05 posted by kyunkyun

  Hello.
  It’s been a long time.
  
  What is the suggestion of the social credit?
  Is it national dividend and compensated price ?
  Is there other suggestion of the social credit?
  Please tell me all the suggestion of the social credit.
• Comment Link Friday, 16 February 2018 16:05 posted by Jean-Nil Chabot

  Well put, Oliver. And for those who have time for reflection, it can be put in two words: social credit. It means what it says.