Mr. Stanley Hope, president of the American National Association of Manufacturers, has told the General Confederation of Italian Industry that 'chronic inflation has steadily undermined the economy in most free nations since the war ended." But Mr. Hope's only alternative to inflation was a "spartan monetary and fiscal" policy by governments in order "to maintain a stable currency." Any attempt to impose "Spartan" monetary policies" must lead to an even worse undermining of economies, the rapid growth of unemployment and revolutionary conditions favouring the Communists.
The use of the adjective "spartan" to describe a monetary policy suggests that Mr. Hope does not understand that the only justification for such a policy would be a "spartan" economy. But the present economy, particularly the American economy, is the very reverse of spartan. What is urgently required is a financial policy reflecting economic truth.
THE NEW TIMES — October 30th, 1959
In this special issue of the journal, MICHAEL, the reader will discover who are the true rulers of the world. We discuss that the current monetary system is a mechanism to control populations. The reader will come to understand that "crises" are created and that when governments attempt to get out of the grip of financial tyranny wars are waged.
An Efficient Financial System, written by Louis Even, is for the reader who has some understanding of the Douglas Social Credit monetary reform principles. Technical aspects and applications are discussed in short chapters dedicated to the three propositions, how equilibrium between prices and purchasing power can be achieved, the financing of private and public production, how a Social Dividend would be financed, and, finally, what would become of taxes under a Douglas Social Credit economy. Study this publication to better grasp the practical application of Douglas' work.
Reflections of African bishops and priests after our weeks of study in Rougemont, Canada, on Economic Democracy, 2008-2018
The Social Dividend is one of three principles that comprise the Social Credit monetary reform which is the topic of this booklet. The Social Dividend is an income granted to each citizen from cradle to grave, with- out condition, regardless of employment status.Rougemont Quebec Monthly Meetings
Every 4th Sunday of every month, a monthly meeting is held in Rougemont.