Social Credit, isn’t that the “funny money party”?
Yes, in earlier times our forward thinking policies were given such a label, but as time has gone on many now believe there is something funny going on with our current money system. This is a fabrication coined by the orthodox economists to discredit our basic tenets.
We questioned the banking system's methods and asked why money came into circulation as a debt. We pointed out debt is continually increasing and asked why. Rather than answering truthfully, they questioned our right to ask the question.
There just has to be a reason why, despite our best efforts, our: District Health Boards; Education facilities; Local & Regional Government; Students; Household; Mortgage and Corporate debts keep growing unabated. Even our Government debt continues to be a burden on tax payer's shoulders, despite the sale of many publicly owned assets.
And what could be "funnier" than the present outdated and dishonest money system?
Have you noticed how people with no real answers have to resort to ridicule?
In March 1988 our money supply "M3" was $43,101,000,000.
In September 2010 our money supply "M3" was $208,382,000,000.
Somebody sure has been "printing" a lot of money.
The money supply was increased by a small group of privately owned banks, for the benefit their shareholders, not ours.
$165,281,000,000 was created at little or no cost, and then lent to us to use, charging us a high interest rate in the process.