Commentary by Roger Erickson
SOCIAL CREDIT
Pay labor enough, so that it can consume everything that it is able to produce?
What a common sense premise! No wonder Control Frauds worked so hard to bury the suggestion. For passive parasites, the alternative is letting the Middle Class leverage all capabilities for exploring emerging options ... and thereby optimizing Adaptive Rate.
Who wants that? :(
Showing posts with label currency system. Show all posts
Showing posts with label currency system. Show all posts
Monday, October 7, 2013
Wednesday, September 12, 2012
Fascinating Parallel History of Canadian Banking
Why Did Canada Have no Mass Banking Failures in the Great Depression?
It's very sparse, but fascinating.
The answer is mostly "public guarantee of solvency" for the nation's currency system, acting through it's banking industry. It's quite revealing to see the many, different ways in which Canada did similar things as we, using slightly different operations. This article should be distributed nationwise, just to get people to think about what really goes on in operating a sovereign currency system.
(Hat Tip, AustralianMMTer, @AUSmmt)
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