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 words, compounding economic activity.

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Australia's Last Fridge

    With the closure of the Electrolux factory in Orange this country has surrendered for the time being her will to make fridges.  The usual lament is heard; unemployment, the end of an era, and the standard reason trotted out about which nothing can be done; Australia cannot be competitive when it comes to manufacturing.

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A Brief Account of the Great Depression by C.H. Douglas

The following account of The Great Depression appears on page 25 of Douglas’ Brief for the Prosecution first published in 1945. It speaks for itself.

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Zellaby's Problem

    The scientific approach to the problem of the supply of material requirements is probably the most remarkable feature of modern society. The success of science in disclosing the relationship between matter and energy, and the practical application of this knowledge, comes with responsibilities unattended up to this time.

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The Freedom of Association

 The Social Credit discussion tends to be dominated by the technical economic considerations. In the back and forth about how the direction of the system can be changed to deliver sufficient purchasing power to individuals the philosophical underpinnings of Social Credit, why the system ought to be changed, can be eclipsed.

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A Fresh Approach to Banking

 I don’t know about you but our economic problems have kept me awake at night. In the small hours I lie there turning over the dilemma finding the solution only to find I’ve created another impossible tangle. The other night the solution came to me and I want to test it in this public space.

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The Glitch

     It is possible that Social Crediters come across as a one track record. The track is called ‘the gap’. I suspect that word is something like a trigger that launches the social crediter into as good an explanation as he is capable of the fault with the financial system; a trigger to which I am not immune. Excuse me.

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The Name of the Game

     Douglas claimed the purpose of Social Credit is to ‘release reality’ with respect to human activity, which means releasing people from artificial constraints. I suspect it was a frustration to him that people became increasingly preoccupied with the money question which was a limited policy based on a much more inspiring, subversive philosophy of real liberty and personal responsibility.

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Winston's Wisdom

This passage dealing with the reparation arrangements made following the First War appears on page 8 of the first volume of Churchill’s  The Second World War:

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The Future of Work - A Suggestion

 From time to time my mind turns to a difficult idea.  A.R. Orage called it The Fear of Leisure. In a speech by that name Orage said of the prospect of an increasingly leisured society, ‘Douglas can prove that it is possible; you have to make it desirable.1

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Growth or Sanity

    Economists and politicians are pretty clear about their intentions for the economies they claim to run; growth.  Growth, in economic terms, means increasing production and consumption of goods and services. In other words, the policy of growth has the objective of always exceeding economic maximums. It is the economic policy equivalent of a rampaging snowball.

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The Shaking Off of Burdens; A Greek Triumph

    Seeing that Greece is the only thing people are talking about I give you the following tidy description of the rise and fall of the monopoly of credit in the same place at a different time. It is taken directly from Aubrey de Sélincourt’s The World of Herodotus. 

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Social Credit Taking Out the Rubbish

     Once we have agreed that giving people money in line with Social Credit technique is possible without bringing down upon us financial ruin, we must deal with the idea that if you paid people for doing nothing, they wouldn’t do anything. That many subscribe to this obviously false notion indicates the success of financial propaganda. It is, however, useful to point out that this broadly held idea is suggestive of the crucial role that finance plays in society. That is, we believe it a way of getting people to do things they wouldn’t do for any other reason. In other words, it is government.

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Administrator
Fantastic blog Will, well put.
Sunday, 28 June 2015 14:40
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Confessions of Australia's Central Bankers

    From time to time the leading salaried economists of the debt-money system go a long way in exposing the dysfunction of conventional financing for us, but it is probably the expectation that few who are not completely indoctrinated by the orthodox view will analyse what is being said in a critical light. Some interesting discussion was had at the 2015 Standing Committee on Economics in Hurstville with the purpose of inquiring into the Reserve Bank’s Annual Report of 2014.

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Debt and Distortion

    I would like to expand at a more fundamental level on how the debt-money system distorts reality.

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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 it to tell you there is no dog and hence no problem, have a nice day.

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A Realistic Answer to Inflation

    The first objection that must be expected when proposing any new issue of credit is that rampant inflation is likely to be the result. This knee-jerk reaction is evidence of the banking industry’s success in a perpetual effort to mislead the public about financial matters.

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What is Exectrucity?

 By Edward Minton   

    Exectrucity doesn’t exist. There is no such thing, and nobody of earth can ascribe any meaning to the word itself, either. So this at least is answered, and we can go to the next question.

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Where Does Money Come From? Disambiguation

The First Charter of Virginia, 1606, reads:

X. And they shall, or lawfully may, establish and cause to be made a coin, to pass current there between the People of those several Colonies, for the more ease of traffic and bargaining amongst them and the natives there, of such metal and in such manner and form, as the said   Councils shall there limit and appoint.

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Matt

    One night not long ago a friend of mine came to visit. The time was nearly nine, and he was coming directly from work.

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Tim Bourne
Well written and easily understood my friend
Monday, 13 April 2015 21:02
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