Today, January 20th, 2017 — besides being the Presidential Inauguration Day in the United States — is the 138th birthday of Major Clifford Hugh Douglas, the founder of Social Credit.
In attempting to communicate Social Credit ideas to a wider public, one often encounters hindrances and barriers of various sorts. One of the difficulties that tends to be characteristic of the contemporary Christian milieu in particular, is the belief, more or less unconscious in most cases, that engaging with questions of money, economics, finance and so forth is ‘mundane’ and therefore of no interest to Christianity, which is ‘otherworldly’. There is, in the minds of some people, a strict separation between the religious/spiritual/supernatural sphere and that of profane concerns, a separation which is somewhat analogous to the liberal democratic principle of ‘separation between Church and State’.
Written on Wednesday, 23 October 2019 22:22
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This is the first professional animated presentation of one key aspect of the Douglas or British Social Credit case (not to be confused with Chinese 'Social Credit'): the folly of 'favourable' trade balances under the existing financial system, where physical loss and inefficiency are financially rewarded.
Relying on bank credit, indirectly through taxation or directly via borrowing, to fund a Universal Basic Income (UBI) scheme is untenable. A fundamental reform of the financial system is the only viable means to ensure a future in which sustainable purchasing power is in the hands of the Canadian consumer. There is no need to take from Peter to give to Paul. Not one penny of anyone’s income would need to be redistributed. There is enough for everyone to have an income, a UBI, under a corrected financial system as advocated by Douglas Social Credit.