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Message 195
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| Subject: | Re: [socialcredit] Reply to Bill Ellis | | Date: | Friday, October 1, 2004 16:56:23 (-0400) | | From: | Bill Ellis <tranet @.........net>
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On Oct 1, 2004, at 10:39 AM, Per Almgren wrote:
> .. i could calculate that approximately 2 % of the population got more
> income from different capital incomes than the portion of capital
> costs embedded ( on average 30 % in those days) in everything that was
> sold of goods and services. ...[snip]
> ..... Per Almgren
BE:
This isn't quite the number I was trying to remember. It was all
interest income versus all interest payments.
But it's close. (If I understand it ?? )
Were you comparing capital gains (increasing value of ones home, socks,
land etc.) to the decreasing value of all goods one owns. I would
expect this to be slightly larger than the interest income-payments
differences. In the past boom years I would expect that many more
people are increasing the value of their capital faster than it is
eaten away by wear. But not faster than the increasing cost of living.
Could you enlighten us.
Bill
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