The Origins of Social Credit
Development of modern banking has resulted in nations losing the power to issue most of their own money. The financial system, worldwide, is based on debt.
Issue 63
The Guradian Issue 63

We Hold these Truths

In his book Straight from the Shoulder, John Kennedy, the late editor of the Catholic publication The Tablet said: “It is a fundamental principle of Catholic social teaching that economic institutions and systems must be seen in relationship to man and his eternal end.”


According to John Kennedy: “The writings of Major Douglas, the founding prophet of Social Credit, saw the Socred monetary system as a means by which man would be enabled to develop to the full his intellectual, moral and religious aspects; he saw economic security as essential for the establishment of this individual freedom.”

Pope Francis has issued a strong call for world financial reform, declaring that “Money has to serve, not to rule”. In an impassioned appeal, the pontiff said politicians needed to be bold in tackling the root causes of the economic crisis.

This message has spread worldwide and will be heeded particularly by the 1.5 billion Catholic Church members.

More good news is that Democrats for Social Credit has met the Electoral Commission's annual membership criteria – a significant achievement for a Party not currently represented in Parliament. Its members will continue to promote its values, as they have done for the past 60 years. Currently, they have been active and influential in the campaign against compulsory medication (fluoridation) and in presentations on economic justice to councils throughout the country.

DSC leader Stephnie de Ruyter says we don’t need to sell off our assets or borrow massive sums to build and maintain essential infrastructure. The alternative is legal and cheap. It isn’t current government policy, but it needs to be.

Published: June 2013

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