A week has passed since the deranged Social Creditors pushed up their coffin lids and emerged with full page nonsensical newspaper advertisements. Then bugger me, last Saturday they did it again.
At the top of this latest advert is the ludicrous repeated assertion “Banks Create Money – Over $20 billion every year.”
Given that let them explain two things. First, if Banks can create money, why do they borrow it?
And second, given Banks ability to create money, why do some go broke?
The advertisement continues, “We’ll have the Reserve Bank do it instead,” this referring to creating money, followed by a lengthy list of things of the free urban transport, a pest-free New Zealand, a guaranteed minimum income, free chocolates to each household daily and other wonderous goodies a Social Credit government will deliver with their free money. They then emphasize the $20 billion free money they’ll provide each year will be “at no cost to taxpayers”. That being the case, why stop at $20 billion?
This latest advert finishes in bold type urging “Join us now to reclaim your future”.
Finally they’ve snared me with that appealing promise, namely time travel, after all we can hardly reclaim something (our future) we haven’t yet had.
Where do I sign?
There’s an interesting aspect to their re-emergence, namely they began nine decades ago at the advent of the Great (1930s) Depression. In such desperate times people clutch at straws. We’re on the cusp of a repeat so religion should do well in the years ahead. There’s an opportunity for budding entrepreneurs. Start one by first snapping up one of the numerous church buildings currently available.