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To Kevin Cahill william_
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Walbert Silver Gol Levi Phi
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Creditory Economic Levi Phi
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Subject:Re: [socialcredit] criminal conspiracy: JAK
Date:Saturday, October 23, 2004  11:40:00 (+0100)
From:Timothy Carpenter <timbeau_hk @........uk>
In reply to:Message 275 (written by Swieto Radosci)

Re: [socialcredit] criminal conspiracy:  JAK
How about Rent? Lease?

People could rent money. However, what would then become apparent is when people are charged rent upon unpaid rent...

However, interest as an insurance against default is valid for compounding, as the unpaid amounts are now at least at the same risk of defaultas the un-repaid principal IMHO.

Tim

On 22/10/04 9:08 pm, "Swieto Radosci" <radosc@waw.pdi.net> wrote:

Effective interest rate is a pure mathematical defined entity. The word interest of today stands for a mixture of two kinds of costs. One is for paying the administrational and other work done, the other part is paid to people or companies who owns money. This mixture causes misunderstanding and it would be good if somebody created a short word for "income or cost only due to ownership". Using such a new word will make it easier to clarify what is going on within the economy.

I suggest "patented money". Such a simple short word is not used by media because it could focus public attention on the usury-styled copyrights which benefit authors who would write about it. But patented money hits the point of "income or cost only due to ownership".

Kristof Levandovski




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