“Money power denounces, as public enemies, all who question its methods or throw light upon its crimes.”- William Jennings Bryan 1860-1925 Lawyer and U S secretary of State.
The Solution: a debt-free money system based on the SOCIAL CREDIT. Debt-free money is exactly what it says – interest free money that is created and issued. Although it is interest free, the sum may or may not have to be repaid: government has the option of writing off the debt. Debt-free money can be created and circulated as needed to increase the money supply. The amount can be decided by a state authority and allocated to the government to be ‘spent’ into circulation. The authority would in effect be a central bank. In order to control inflation, the central bank would govern the creation of new currency and total issued credit. Its decisions would be independent of politicians, but would have to meet the objectives legislated upon by parliament.