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Money created at the rate of production

Written by Louis Even on Sunday, 01 October 2017. Posted in Social Credit

In the article "Love of money is at the root of all evil", Bishop Madega says that Jesus was the first Social Crediter. In an article by Louis Even published in 1960, he explains the Gospel excerpt: “Render to Caesar what belongs to Caesar”. Louis Even writes:

“There was another occasion which is not frequently mentioned but that is of interest. This is when Jesus dealt with taxes. On this occasion, it had nothing to do with a tribute to a conqueror, but rather a tax established by the Jews which was “laid upon every head for the service of the temple”. The tax collectors came to St. Peter and asked: ‘Does not your master pay the didrachmas?’ Jesus said to Peter: ‘Go to the sea and cast in a hook, and that fish which will come up take: And when thou has opened its mouth, thou shalt find a stater: Take that and give it to them for Me and thee.’ A fisherman by trade, Peter obeyed. (Matthew 17: 24 and 26.)

“On that occasion, money was created at the same rate as production. The government cannot do miracles, but it can easily establish a monetary system where money is based upon production, that is, in keeping with production. In other words, it must issue money at the rate production takes place, and issue the means of payment at the rate that consumption takes place, for both the private and public sectors. This approach would be more in keeping with the common good than leaving the control of money to the good will of the high priest of Mammon.”

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