Read (Lesa vel) Ford og Edison

 

(  vas sent on    
http://www.economicshelp.org/blog/economics/the-problem-with-printing-money/comment-page-3/#comment-17399 
)

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 http://www.ismennt.is/not/jonasg/jg/jg06/debtslavery/debtslavery.html

 

 

In December 1921, the American industrialist Henry Ford and the inventor Thomas Edison

 

visited the Muscle Shoals nitrate and water power projects near Florence, Alabama.

 

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They used the opportunity to articulate at length upon their alternative money theories,

 

which were published in 2 reports which appeared in The New York Times

 

on December 4, 1921 and December 6, 1921.

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Read (Lesa vel) Ford og Edison

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"All of the great public works cost more than twice the actual cost, on that account.

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Under the present system of doing business we simply add 120 to 150 per cent, to the stated cost."

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(samtals 100%+(120% eða 150%)) það er 220% eða 250% kostnaður. jg)

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"But here is the point:

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If our nation can issue a dollar bond, it can issue a dollar bill.

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The element that makes the bond good makes the bill good.

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The difference between the bond and the bill is

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that the bond lets the money brokers collect twice the amount of the bond

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and an additional 20 per cent, whereas the currency pays nobody but

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those who directly contribute to Muscle Shoals in some useful way."

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http://www.ismennt.is/not/jonasg/jg/jg06/debtslavery/debtslavery.html