Read (Lesa vel) Ford og Edison

http://www.herad.is/y04/1/2011-06-20-they-are-teaching-02.htm 

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
)

*

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 MuscleShoalsnitrate and water power projects near Florence, Alabama.

****

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.

***

Read (Lesa vel) Ford og Edison

***

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

*

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

*

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

*

 

"But here is the point:

*

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

*

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

*

The difference between the bond and the bill is

*

***

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

***

*

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

*

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

*

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