A good introduction to social credit monetary reform ideas: youtube/playlist?list=PLjHpG6PT0knAkFPL6RKtSM43oSsoZvZ3s Parallel ideas had been advocated by Gottfried Feder and implemented by the National Socialists monetarily. An introduction to this is provided: veteranstoday/2011/09/13/hitler-and-the-banksters-the-abolition-of-interest-servitude/ Yet getting rid of interest servitude does not imply totalitarianism. It can make an autarchy stronger (and the NAZI economic reforms were a major cause of their popularity among the populace in the 1930s), but it can also increase general prosperity, especially when combined with the ideas of other who also sought to curb monopoly capitalism (like Henry George - the following article is a good introduction, it has the absurd comment that "Henry George was able to respond in the beginning by calling Karl Marx what he was, a fascist, when he learned of Karl Marx....", but otherwise it is good): libertyrevival.wordpress/documents/economic-conspiracy/ I think he (or someone else) had the following proposition that seems sound: "1. Pay off the national debt with Greenbacks by ending the Federal Reserve and fractional reserve lending. Replace the Federal Reserve note with public debt-free and commodity-free legal tender issued by the U.S. Treasury under a strict policy to expand monetary supply to prevent deflation and to not exceed an inflationary threshold unless by approval by Congress to engage in inflationary monetary policy. 2. Ban by Constitutional Amendment the issuance of government bonds to finance public debt. Deficit spending should only be done by inflationary monetary policy and only with super majority vote of the Congress. 3. Replace social programs with a citizen dividend. Replace taxation on income and capital with taxation on land and natural resources."
Posted on: Tue, 30 Jul 2013 14:55:10 +0000
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