----- Original Message -----
Sent: Saturday, October 16, 2004 2:41
AM
Subject: Re: [socialcredit] Re: Interest,
loans, savings etc.
The problem that is
coupled to the interest is that a large amount of the interest paid is not
used for purchase, instead it is lended out in order to increase the interest
income subsequent years. This causes immense problems within the economy all
over the world and that is of course also changing the relative sizes of
payments year after year.
Vic Bridger"s Response
If any charge by any business including
interest which is part of the gross profit and ultimately net profit AFTER
ALL EXPENSES HAVE BEEN PAID, is retained and not used for purchases or
distributed as dividends the problem that exists is exactly what C.H.
Douglas stated. It is not confined to interest and is commonly referred to
as savings. A thorough reading of Douglas would help to remove much
misunderstanding.
Re: [socialcredit]
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