Our Controlled Press How Public Opinion is Smothered
Our Controlled Press How Public Opinion is Smothered
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In our eReader you can find the full English version of the book. Read Our Controlled Press How Public Opinion is Smothered Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Our Controlled Press How Public Opinion is Smothered
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One important point should be noticed. Mr. Clegg rightly emphasises the obvious fact, which I am tired of repeating, that "the creation of credit unaccom- panied, or rather unfol lowed, by the creation of goods or services, tends always to inflation, " etc. Conversely, I would add, that the destruction or restriction of credit tends in the opposite direction. Hence the necessity of this vital and powerful control being State regulated, instead of being exercised at the whim or design of interes...ted and profit-seeking schemers. It is the absence of constructive proposals to remedy the ills he fears that, in Mr. Clegg's philosophy, is so dis- appointing. Major Douglas gives him "tips" in this direction. Verb. Sap. But we must not allow Mr. Clegg or anyone else to mislead us into the belief that there is any difficulty here, or that South Africa, an undeveloped country, will be embarrassed by the abun- dance of capital or spending power which legitimately could be created. We can very easily show him how to find "the goods and services" that he so correctly postulates are necessary to absorb our means.
What to read after Our Controlled Press How Public Opinion is Smothered?
You can find similar books in the "Read Also" column, or choose other free books by Frederick William Bell to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
One important point should be noticed. Mr. Clegg rightly emphasises the obvious fact, which I am tired of repeating, that "the creation of credit unaccom- panied, or rather unfol lowed, by the creation of goods or services, tends always to inflation, " etc. Conversely, I would add, that the destruction or restriction of credit tends in the opposite direction. Hence the necessity of this vital and powerful control being State regulated, instead of being exercised at the whim or design of interes...ted and profit-seeking schemers. It is the absence of constructive proposals to remedy the ills he fears that, in Mr. Clegg's philosophy, is so dis- appointing. Major Douglas gives him "tips" in this direction. Verb. Sap. But we must not allow Mr. Clegg or anyone else to mislead us into the belief that there is any difficulty here, or that South Africa, an undeveloped country, will be embarrassed by the abun- dance of capital or spending power which legitimately could be created. We can very easily show him how to find "the goods and services" that he so correctly postulates are necessary to absorb our means.
What to read after Our Controlled Press How Public Opinion is Smothered?
You can find similar books in the "Read Also" column, or choose other free books by Frederick William Bell to read onlineMoreLess
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