What is Social Credit?
I have often been asked to explain it in a nutshell. So, as far as the purely economic aspects of Social Credit are concerned, here it goes:
Social Credit is a proposal for a) the public regulation of the financial system (i.e., the banking and cost accountancy system), in conformity with b) the objective truth of the economy's physical potential and actual performance, for the sake of c) enhancing the common good of the individual citizens who make up a nation.
The necessary implication of this definition is, of course, that the existing financial system is not designed to adequately reflect or mirror the facts of the real economy, nor is it designed to serve the common good. Instead, it artificially limits and distorts the real economy and serves the interests of an oligarchic elite.