Posted by Socrates in bankers, banking, Big Finance, Ezra Pound, jew financial crimes, jewed finance, money, Social Credit system, Socrates at 6:45 pm | Permanent Link
The poet Ezra Pound was an advocate of Social Credit, by the way [1].
This online book makes some good points about wealth, money and credit, e.g., having wealth and having money is not the same thing. It allows the reader to think about Western money systems in an outside-of-the-box manner.
Social Credit is based on real credit and real production, not on inflationary fiat money or fractional-reserve ledger entries. Here, the book says that the state, not private bankers, should control money for the benefit of society:
“The conversion into money of real credit can only be exercised by a sovereign authority, acting in the name of society itself, and pursuing, not the banker’s profit, but the economic welfare of society as a whole.” (“real credit” = the ability to produce and deliver goods and services).
A Social Credit system could, in theory, be molded and shaped in different ways, according to a country’s needs.
Contrary to what some people believe about Social Credit, it need not be a “cashless” system.
Social Credit could, in theory, put an end to inflationary, interest-and-debt money systems in the West. But even if Social Credit isn’t as viable as some people believe it is, the idea could nonetheless lead to similar ideas which might eventually help Whites as a people [2][3]:
Chapter 14: [Here].
Chapter 15: [Here].
[1] Ezra Pound and Social Credit: [Here]
[2] more about Social Credit: [Here]
[3] a book about Social Credit: [Here]